Bad news for millions of social security recipients

By: News Email
By: News Email

There's bad news for social security recipients next year.

Government officials are expected to announce this week that more than 58 million social security recipients will not get an increase in their monthly benefits next year.

It will mark only the second straight year without an increase since automatic adjustments for inflation were adopted in 1975.

According to the social security administration, the average social security benefit is about 1,072-dollars a month.

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  • by Dave Baack Location: Cary, NC on Jul 18, 2011 at 03:51 PM
    Not get an increase in their monthly benefits next year is A LOT better than getting it reduced, or NOT at all!
  • by Louise Location: Johnson on Jul 17, 2011 at 09:54 AM
    We seniors have the ability to change all of this bu%%s*&t with our government's wasting money on themselves and other countries when we so desperately need it here. We need to vote them out of office (we hold the vote) on whether they should stay or boot them out and if they are not defending us, protecting us or standing up for us them we need to get rid of the dead wood and bring in some men/woman who will. A simply vote is all it takes, so when the time is here let's stand United and get the job done, the people who speak on this site should stand up and speak louder on election day and show them we mean business, we seniors and many others will stand United across America and put a stop to this irresponsible spending, and start taking care of the American people. Whether we are young or old our vote matters.
  • by AL Location: FL on Oct 12, 2010 at 10:16 AM
    Paul, get your head out of the sand!!! The seniors you speak of, the ones who have paid into social security for most of their working lives deserve to get paid back for what they have paid into, like they were promised. Most of the seniors that are collecting SS today watched their parents and grandparents build this country up to the peak of its greatness. Now they are having to watch it tumble down off of that peak, at the hands of those who are supposed to be leading and keeping this country at the peak of greatness.
  • by Betty Location: Panama City, FL on Oct 12, 2010 at 08:37 AM
    To Paul in Parker: The only reason that I can think of that you would categorize us seniors as "Lazy Seniors" is that you must not work -- otherwise you would know that when you work, you have to pay social security tax so that when you retire, you can then draw your social security security benefits. After a career of 35 years, I am proud to be a 'lazy senior', drawing my social security which I paid into all those years. It is not an entitlement -- believe me, we earned it. Get your facts straight before you make any other "uninformed" comments -- it only makes you look dumb.
  • by local Location: PC on Oct 12, 2010 at 06:54 AM
    Hey debbie, I hate to break it to you but this was passed by this administration which is the Democrats not the Republicans. Besides has noone actually noticed that neither the Dems nor the Repubs care about the people, both are to concerned with themselves to worry about us.
  • by local Location: Fountain on Oct 11, 2010 at 05:34 PM
    If there is no increase then the ones in government shouldn't get an increase either. Let them live on the little amount of money that people get on Social Security.....I know they wouldn't be able to do it either.
  • by Paul Location: Parker on Oct 11, 2010 at 04:17 PM
    Lazy seniors deserve whats coming to them. They have lived off my largess for far to long and now its time for them to pay up. Maybe when they see that money doesnt grow on trees then they will learn not to blow through it like theres no tomorrow.
  • by Debby Location: Panama City on Oct 11, 2010 at 09:08 AM
    The good news is the Republicans haven't eliminated their benefits yet.
  • by Mike Location: Callaway on Oct 11, 2010 at 09:03 AM
    Don't you think it's odd that gasoline prices have gone up 12 cents per gallon since midnight Sept. 30th? Seems to me the same thing happened last Oct. when no COLA increse was announced for 2010. No increase in cost of living yet you get the same product with less in package for the same price. Most non-union companies will follow Govt. lead and not give COLA raises next year. I thought Toyko Rose was dead. Let your pen change things in November.
  • by Margaret Location: Panama City on Oct 11, 2010 at 08:57 AM
    If there isn't any inflation why do you need they need a raise for inflation? Most people who can't find a job would be happy to have that amount of money.
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