Oct. 1, 2009
CONTACTS:
AARP National: 202-434-2560 or media@aarp.org
AARP Oregon: Sara Wurfel, 503-513-7367 or swurfel@aarp.org
AARP announces support for $250 emergency relief in 2010 for older Americans
Urges Congress to pass legislation immediately to address lack of Social Security COLA
With an expected announcement of no Social Security cost of living adjustment (COLA) in 2010, AARP CEO Barry Rand called on House and Senate leaders to provide $250 in emergency relief to millions of older Americans who are struggling in this economic climate. AARP will work with members of Congress from both sides of the aisle to urge quick passage of legislation that will help combat rising health care and prescription drug costs that consume an increasing amount of seniors’ income each year.
Excerpts from Rand’s letter to House Speaker Nancy Pelosi (CA), House Minority Leader John Boehner (OH), Senate Majority Leader Harry Reid (NV), and Senate Minority Leader Mitch McConnell (KY) follow:
“On behalf of our 40 million members nationwide, AARP would like to express our strong support for providing America's seniors with $250 in emergency relief as the appropriate legislative response to the projected lack of a Social Security cost-of-living adjustment (COLA) in 2010.”
“Seniors spend a disproportionate share of their income (about 30 percent on average) on health care costs, which continue to increase well above the rate of overall inflation. The combination of higher health care costs, including prescription drug prices, and a stagnant Social Security benefit is particularly troubling and will result in lower net Social Security payments to millions of America’s seniors in January 2010.”
“Many senior citizens have lost a significant portion of their retirement savings due to the recent downturn in the U.S. economy. Unlike younger Americans, however, retirees have less time to make up substantial stock market and 401(k) account losses. The decline in housing prices in many parts of the country may also cause severe difficulties for those seniors who need to tap the equity in their homes in order to fund their retirement.”
“We urge you to pass legislation as soon as possible to provide relief to millions of Americans who will not receive a COLA next year.”
Click here for a copy of the letter.
Medicare cuts don't mean benefits cuts. U.S. HHS Secretary Kathleen Sebelius explains. Watch now at http://bit.ly/sebelius .
Oregonians facing foreclosure may have a better opportunity to stay in their homes, thanks to a new that takes effect Sept. 28.
Senate Bill 628, passed by the 2009 Oregon Legislature and one of AARP Oregon's legislative priorities, requires lenders to meet with homeowners -- either in person or by phone -- and evaluate whether they qualify for a loan modification, which could lower borrowers' monthly payments and enable them to keep their homes.
Starting today, foreclosure notices that are sent to homeowners who are late on their mortgage payments must include new information about how to meet with their lender and how to request a loan modification. If the borrower requests it, lenders must meet with the borrower and evaluate the borrower for a loan modification before foreclosing on the home. Homeowners should immmediately take one of the following steps:
Homeowners should act fast – they have 30 days from the date of the foreclosure notice to request a loan modification.
Homeowners age 50 and over have been significantly affected by the mortgage crisis, according to research reports from AARP's Public Policy Institute. Estimates at the end of 2007 (before the crisis has grown) showed they represented nearly a third of all foreclosures.
"For Oregonians over 50, losing a house represents a loss, from which there is little time to recover, and for some, recovery may be impossible given their age or limited incomes," said Jerry Cohen, AARP Oregon State Director. "This new law is an important new tool for them, and for homeowners of all ages."

For more information about the new law and other foreclosure prevention resources, tips and events, call the Oregon Department of Consumer and Business Services at 866-814-9710 toll-free, or visit http://foreclosurehelp.oregon.gov/.
Medicare is a sacred promise that was made to seniors more than four decades ago – a national commitment to the idea that no one should have to struggle with medical bills after a lifetime of hard work. That’s why AARP is fighting to protect Medicare benefits for seniors and ensure our children and grandchildren have the health coverage they need when they retire.

Sept. 24, 2009
CONTACTS:
AARP National: 202-434-2560 or media@aarp.org

Sept. 22, 2009

Sept. 22, 2009
CONTACTS:
AARP National: Jordan McNerney or David Allen at 202-434-2560
How heatlh care reforms would effect Medicare; controlling the rising costs of Medicare doesn't mean cutting benefts

AARP is fighting to protect Medicare benefits for seniors and ensure future generations have the health coverage they need when they retire.
We have made it clear to elected officials that we will fight with the strength of our 40 million members against any proposal to cut your benefits or increase your out-of-pocket costs.
For more on proposed changes to Medicare, visit this new AARP Bulletin article. For more information on what health care reform may mean for you, go to www.aarp.org/getthefacts .
Sept.16, 2009
CONTACTS:
AARP National: 202-434-2560 or media@aarp.org