The Social Security Administration is expected to announce tomorrow that it will institute a cost-of-living adjustment (COLA) of at least 3.5 percent next year, the first “raise” for Social Security beneficiaries in two years. That’s welcome news for seniors, and a better raise than most private sector employees are expecting in 2012.
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3 comments:
Thats great news. However,the wife is on disability after working over 40yrs in the health field.I am drawing ss benifits with my retirement system.Now after 2 yrs without an increase we will be recieving 76 dollars raise.Big frigging deal.Our Medicare payments will be raised to almost 200 dollars. So to all you DEMOCRATS out there suck off. I am tired of your BS.
That is not much of a raise considering the cost of living is up over 50%.
9:29, why is it a "democrat" thing? SS raises are pegged to COL regardless of which party is in charge. And do you think Rep. would want you getting medicare at all? In fact, since you are such a staunch conservative, aren't you against all of this socialism that you are living off of? Talk about BS....
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