Wednesday, March 30, 2016

Rep. Mike Thompson to speak on Social Security bill today at Benicia Senior Center

(Originally published in the 3/30/16 edition)

    U.S. Rep. Mike Thompson (D-Napa) will be hosting a town 
hall meeting today at the Benicia Senior Center today to discuss the Social Security 2100 Act (H.R. 1391), which he was one of the original co-sponsors of. The bill's sponsor, Rep. John Larson (D-CT) will also be speaking.  
   H.R. 1391 was introduced to the House on March 17, 2015 and aims to provide an increase in benefits to current and future Social Security beneficiaries and cut taxes for its recipients. It also would amend Title II of the Social Security Act to increase the primary insurance amount formula factor from 90 to 93 percent of all beneficiaries, revise how cost-of-living adjustments are calculated using the Consumer Price Index and increase the minimum primary insurance amount for lifetime low earners based on years in the workforce. It would also raise the gross income threshold for the taxation of Social Security benefits from $25,000 to $50,000 for single taxpayers and from $32,000 to $100,000 for married taxpayers who file joint returns.
   Thompson, who represents Benicia in the House, will be speaking alongside Larson on the progress of the bill in Congress. Afterwards, they will take questions from attendees. Elizabeth Charles, the operations supervisor of the Social Security Administration's Vallejo office, will also be on hand to answer questions.
   The town hall meeting will take place 2:30 to 3:30 p.m. today at the Benicia Senior Center, located at 187 East L St. For more information, call the center at (707) 745-1202

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