It’s Official…Zero Social Security COLA Next Year
Thursday, October 15th, 2009As expected, the Social Security Administration announced a zero cost of living adjustment for Social Security beneficiaries in 2010. This is from the SSA’s news release : “With consumer prices down over the past year, monthly Social Security and Supplemental Security Income benefits for more than 57 million Americans will not automatically increase in 2010. This [...]
SENIORS URGE CONGRESS TO PASS EMERGENCY COLA BILL
Friday, October 2nd, 2009For millions of American seniors, Social Security has been the one stable source of income they can count on during this economic recession. That’s why news that next year could be the first time beneficiaries won’t receive a cost of living adjustment since it was created in 1975 is especially troubling. There are several bills [...]
The Truth about the 2009 Social Security and Medicare Trustees Report
Tuesday, May 12th, 2009Here’s the bottom line from this year’s Trustees Report: Social Security is still fully funded for 28 years No COLA increase planned for retirees Skyrocketing health costs nationwide continue to threaten Medicare Undoubtedly, these facts truths will probably be buried in coverage of this year’s Trustees report as the anti-entitlement crowd revs up its billion [...]