Do You Need An Appointment?
Are you looking for more information about retirement? You can schedule an appointment with Kelly McCracken, Executive Director. Due to current health conditions, we are currently using Zoom in lieu of in-person sessions.
If you have already had a retirement counseling session and are just looking for an updated estimate, please fax the Retirement Estimate Request Form to us at (508) 696-3847. Make sure to sign the form! Signatures must be clear and legible in order for us to send estimates.
Will Collecting A Pension Impact My Social Security?
Are you wondering if your pension will impact your Social Security? Have you heard of the Windfall Elimination Provision and Government Pension Offset, but aren’t sure what they are or how they could potentially impact you? For more information on this topic, click here.
A Message from Shawn Duhamel, CEO of Mass Retirees Association
Late last week the federal government announced the Medicare Part B monthly premium for 2022. The scheduled 14.5% rate increase would be the largest dollar increase in the program’s 56-year history. If allowed to take effect in January, the standard price for Medicare Part B will jump from $148.50 per month to $170.10 – an increase of $29.60 from 2021.
While the reasons given for such a sharp premium increase might be valid, what is indisputable is the fact that these costs are unaffordable for many retirees. This is especially true at the present time when inflation has dramatically increased due to the impact of the global pandemic. Retirees are already being squeezed every time they buy groceries, household goods or fill up at the gas pump. These costs are unsustainable and retirees need help.
With that in mind, first thing last Monday morning we contacted Congresswoman Katherine Clark and Congressman Richard Neal, both of whom hold senior leadership positions in the House of Representatives. We have joined with retiree groups from around the country, most notably the AARP, in calling for Congress to act to offset these outrageously high Medicare cost increases. We have been assured that they share our concerns and that Congress is exploring what can be done to help lower these costs. While the specifics are not yet available, I am optimistic that something will be done before the new premiums take effect in January.
If nothing else, this serves as a reminder of just how complicated and volatile our healthcare system has become. Watch Today’s Video Report HERE!
Important Notice to Public Employee Retirees Currently Working for a Municipality
The State Senate has taken quick action to approve an extension of the Public Retiree Work Waiver that is set to expire on Tuesday, June 15th. The Senate will sunset the waiver and most other COVID-19 related extensions on 12/15/2021. It should be noted that the restriction of 1,200 hours and earnings restriction of the difference between a public retiree’s public pension benefit and the annual salary their former job currently pays, plus an additional $15,000 will be in effect from December 16, 2001 until December 31, 2001.
Would you like to focus on Wellness in the New Year? Be Well MV is a wellness resource that is sponsored by the Cape Cod Municipal Health Group. Their goal is to improve the overall health, well-being and quality of life of all CCMHG members by promoting the 8 Dimensions of Wellness as well as to create opportunities that empower, educate and model positive attitudes and behaviors through a lifelong commitment to wellness. Check out their website to find out more about eligibility requirements and the great programs they offer.
A Message from Blue Cross for their Members:
During these unprecedented times, rest assured, that BCBSMA is working very hard to make sure that our members continue to have access to the care they have come to know and expect from us. For up to date information on how Blue Cross Blue Shield of Massachusetts is handling Coronavirus (COVID-19), please visit our website at https://home.bluecrossma.com/
A Message from Blue Cross Regarding Medicare Seminars for Seniors:
To help slow the spread of COVID-19, we have temporarily suspended all in-person Medicare seminars. In order to remain accessible, we are offering online webinars for our various Medicare products. The first online webinars/seminars began today and we wanted you to have this information. We also have a pre-corded presentation about Planning for Medicare that people can listen to as it fits their schedule. To see our online webinar schedule and register please refer to this link.