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Seniors

Older Americans Act

As the population of older adults continues to grow, programs that keep seniors healthy, active, and engaged in their communities are even more important.

The Older Americans Act (OAA) is a cornerstone of our nation’s commitment to seniors. In 2016, I helped pass a bipartisan reauthorization of the OAA. This law will support programs like Meals on Wheels for the next three years, and it will also provide additional resources. The OAA strengthens protections against elder abuse, improves nutrition services, and updates the Family Caregiver Support Program. Increasing investments in programs that support older adults helps them stay in their homes where they can remain connected to their communities and avoid costlier long-term care.

 

Retirement Security

For the millions of Americans without retirement savings, the future can be uncertain. In the 21st century economy, more workers switch jobs frequently and they are less likely to be covered by a traditional employer-sponsored retirement savings plan.

Oregon is a national leader in helping workers save for retirement and transfer their retirement savings from job to job. I’ve introduced the American Savings Account Act to provide American workers with a new tool to help them save for a strong and secure retirement. Modeled after similar programs in Oregon and California, the legislation would provide every American worker with access to a personal, pre-tax retirement savings plan. Senator Merkley introduced the Senate version of the Act, which is designed to help working families around the country be more secure in their retirement by giving them the tools necessary to invest in their future regardless of where they work.

 

Social Security and Medicare

Social Security and Medicare are essential programs that provide financial security and allow older adults to age with dignity.  Economic challenges are not an excuse to dismantle, privatize, or compromise these critical programs. The Social Security trust fund is solvent, and we must keep our promise to seniors by making sure it remains that way. There are sensible reforms that can be made to strengthen these programs while protecting and preserving Medicare and Social Security for current and future recipients. For example, I support raising the limit on income that is taxed for Social Security. I have cosponsored the Social Security 2100 Act, which would require our country’s highest wage earners—those making more than $400,000 per year—to contribute more to the program.

Cost-of-living adjustments (COLA) to Social Security payments are essential for making sure that beneficiaries can live their lives without the risk of falling into poverty. In the past few years, however, COLAs have been relatively small. In 2016, there was no increase in payments. I understand how difficult it can be to pay for prescription medications, housing, and other expenses when Social Security payments don’t keep pace with rising costs. I support tying future COLAs to the Consumer Price Index for the elderly (CPI-E), an index that more accurately measures the expenses of older adults.      

Rising prescription drug costs are a burden for many Americans, particularly seniors. We have made some progress with the passage of the Affordable Care Act, which made prescription drug coverage more affordable for many by reducing the gap in Medicare Part D known as the “donut hole.” However, more must be done to keep up with increasing costs. I have cosponsored the Prescription Drug Affordability Act, legislation that would allow Medicare to negotiate drug prices and provide better prescription drug coverage. I will continue working to make prescription drugs more accessible and affordable.

 

 

 

More on Seniors

July 23, 2020 Press Release
It takes decades to build retirement savings, but it can be stolen in an instant.
July 6, 2020 In The News

But, as with its prior iterations, getting the bill passed might not be easy.

“The short answer is that it is very hard to get anything passed,” Saxon wrote. “It takes a lot of time and effort, particularly when there are other things in Washington, like the pandemic, to deal with.”

The bill is co-sponsored by Sen. Steve Daines, R-Mont., and there is a companion House bill co-sponsored by Rep. Suzanne Bonamici, D-Ore., and Jim Banks, R-Ind.

July 2, 2020 Press Release
I’m glad to partner with Senator Warren, Senator Daines, and Rep. Banks to help working families retire with dignity.
April 22, 2020 Press Release
Older adults and people with disabilities are at the highest risk during this pandemic, but they often face the greatest challenges to accessing the support and resources they need to stay home and stay healthy.
March 27, 2020 Press Release
The coronavirus has quickly and severely disrupted the lives of people in NW Oregon and across the country, putting the health of loved ones at risk and jeopardizing our economic security.
March 27, 2020 Statements
Our country is suffering from a pandemic on an unimaginable scale, and this legislation will provide critical support to workers and families, small businesses, healthcare providers, student loan borrowers, and people struggling to make ends meet.
March 25, 2020 Press Release
Seniors have served our communities for decades and need our support now more than ever.
March 11, 2020 Press Release
We have a responsibility to care for the seniors who have cared for us.
February 28, 2020 In The News

"Aging Americans have cared for us and supported our communities throughout their lives – now it is our turn to care for them. I’m proud to have led a bipartisan effort to revitalize these programs and services that support nearly 11 million aging Americans and their caregivers. The Dignity in Aging Act reauthorizes the Older Americans Act (OAA) and increases funding for social services and community-based programs like Meals on Wheels." - Congresswoman Suzanne Bonamici

January 15, 2020 In The News

The U.S. House of Representatives voted Wednesday to enact new protections against age discrimination in the workplace, approving a bill that supporters say will give older workers the same safeguards other protected groups enjoy.

“I’ve heard from workers, many in the technology industry, who believe they have been dismissed or denied employment because of their age,” Rep. Suzanne Bonamici, D-Beaverton, said on the House floor Wednesday.