NewsTrust - Seniors - Most Recent Stories

Aging makes people more vulnerable to depression, but the problem can be treated - The Washington Post

Wed, 11 Apr 2012 00:00:00 -0700

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AARP Plans Secret ‘Salon’ With Social Security Opponents

Sat, 17 Mar 2012 00:00:00 -0700

Huffington Post - By Ryan Grim - Mar. 17 (News Report) - An AARP invitation to a secret "Relaxed and Robust Evening of 'Salon Style' Conversation" to be held at a Capitol Hill home on March 27, obtained by The Huffington Post, indicates that the organization is still very much interested in a "grand-bargain" style deal that puts Social Security and Medicare cuts on the table.

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Signs Your Pension Plan Is in Trouble

Mon, 13 Feb 2012 00:00:00 -0800

finance.yahoo.com - By Ellen Schultz - Feb. 13 (Special Report) - Your pension plan might be fat and happy, but if another company takes over your employer—and your pension—it can legally use the assets in your plan to top off an underfunded plan of its own. This strategy, though legal, is one of the quickest ways for your pension to go from healthy to distressed.

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Sen. Scott Brown says no to GOP Medicare plan

Mon, 23 May 2011 00:00:00 -0700

USA Today - By Catalina Camia - May. 23 (News Report) - In what could be a boost to Democrats, GOP Sen. Scott Brown said Monday he will vote against a controversial Republican plan to revamp the popular Medicare program for seniors.

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On way out, Chicago Mayor Daley designates former anti-gay police station as home for low-income LGBT seniors

Fri, 13 May 2011 14:46:00 -0700

Washington Independent - By Sofia Resnick - May. 13 - New studies linking hormonal-contraceptive use to changes in women’s chemical reactions to their romantic partners have been repackaged by the news service of anti-abortion rights marketing group Heroic Media — Heroic News — as findings that women who us

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Alan Simpson Attacks AARP, Says Social Security Is 'Not A Retirement Program' (VIDEO)

Mon, 09 May 2011 00:00:00 -0700

Huffington Post - By Ryan Grim - May. 09 (News Report) - Alan Simpson’s cold relationship with AARP is no secret, but the former Republican Senator from Wyoming took it to a new level Friday. At an event hosted by the Investment Company Institute, Simpson delighted the finance industry audience members by aiming a rude gesture at the leading lobby for senior citizens.

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Sic Seniors on GOP

Thu, 05 May 2011 00:00:00 -0700

populist.com - May. 05 (Editorial) - House Republicans voted April 15 to turn Medicare into a voucher program that would deny seniors the guaranteed benefits that have made it a lifeline for older Americans. House Budget Czar Paul Ryan (R-Wis.) plans to use the money saved by Medicare cuts to pay for further tax breaks for the wealthy and corporations.

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Strengthen Medicare; Barry Rand; Meet People's Health Needs

Sun, 01 May 2011 00:00:00 -0700

aarp.org - By Barry Rand - May. 01 (Opinion) - Medicare is more than a line item in the federal budget. It is a program that provides health security for real people — more than 47 million of them. Changing the guaranteed structure of Medicare and replacing it with a system in which individuals would buy coverage from private insurance plans, with only a diminishing portion of the premium covered by Medicare, would put the health of millions of older Americans at risk. This is not cost control. This is simply shifting the vast majority of rising costs to older Americans while reneging on Medicare's promise of secure health coverage.

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House Republicans Propose Remake of Medicare and Medicaid, Ryan Plan

Thu, 14 Apr 2011 00:00:00 -0700

aarp.org - By Tamara Lytle - Apr. 14 (News Analysis) - Advocates for seniors have protested the Ryan plan, saying the changes would leave older Americans with less health care coverage and access to nursing homes, and would expose them to potential future cuts to Social Security benefits.

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As Boomers Turn 65, Docs Learn to Close Eldercare Gap

Sat, 12 Feb 2011 00:00:00 -0800

New America Media - By Warren Wolfe - Feb. 12 (News) - The looming consequences are serious. The United States has 7,200 certified geriatricians, one for every 2,500 older Americans. Among Minnesota's 20,036 physicians, 186 are geriatricians. Some experts suggest that five times that many will be needed by 2030, when the country's aging population will have nearly doubled.

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States turn down federal money for jobless benefits (The Lookout)

Wed, 09 Feb 2011 00:00:00 -0800

Yahoo! News - By Zachery Roth - Feb. 09 (News) - The Lookout - Despite record levels of long-term unemployment, some states are choosing to walk away from a total of almost $1 billion in federal jobless benefits, according to a new report (pdf). The 2009 American Reinvestment and Recovery Act, better known as the stimulus law, extends unemployment benefits to the fast-growing number of Americans who have been [...]

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Major fiduciary firm is going out of business

Tue, 08 Feb 2011 00:00:00 -0800

Arizona Republic - By Robert Anglen - Feb. 08 (News) - One of Arizona's largest and most controversial private fiduciaries, used by Probate Court to manage the care and finances of incapacitated adults, is going out of business.

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Filing for Bankruptcy In Retirement a Good Thing

Mon, 20 Dec 2010 00:00:00 -0800

finance.yahoo.com - By Cindy Perman - Dec. 20 (Special Report) - people 65 and older are the fastest-growing segment of the population seeking bankruptcy protection, according to a recent study from the University of Michigan Law School. The problem is simple math, said Johanna Sweaney Salt, a CPA with Kaufman, Schmid, Gray & Salt in Claremont, Calif. Their medical expenses, taxes and other costs keep going up, while their income is going down. Social Security hasn't had a cost-of-living adjustment in a long time and pensions and retirement accounts took a huge hit during the recession. Reverse mortgages and other alternatives presented to them as "solutions" often just dig them further in the hole.

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Investigation: Maricopa County Probate Court - A Troubled System

Sat, 04 Dec 2010 00:00:00 -0800

Arizona Republic - Dec. 04 (Investigative Report) - Many Arizonans are unaware of what can happen to them should they lose the ability to take care of themselves – and what the responsibilities of a fiduciary are in overseeing a person’s finances and care.

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Boomers and Seniors Caught in the Financial Meltdown

Thu, 29 Jan 2009 00:00:00 -0800

TruthOut - Jan. 29 (Special Report) - NOW travels to South Carolina, a state where many retirees and winter refugees are being forced to rewrite the last chapter in their lives, to see how they are coping and what options are left.

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Executive Branch overruling laws passed by Congress

Mon, 03 Mar 2008 00:00:00 -0800

National Retiree Legislative Network - By Bill Kadereit - Mar. 03 (Advocacy) - The EEOC's rule is in response to a decision in the Erie County, PA lawsuit in 2000 by the U.S. Court of Appeals for the 3rd Circuit. The Court ruled that the Age Discrimination in Employment Act (ADEA) requires employers to spend the same amount on health benefits provided Medicare-eligible retirees as those received by younger retirees. The EEOC has been hoodwinked by employers into believing that if they had to provide identical benefits for retires under 65 and over 65, they would just drop retiree health benefits altogether for both groups. Now companies can discriminate against retirees age 65 and older and they have retained the right to take back benefits from those under age 65. All retirees lose!

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