Why No Increase In Social Security for two years
Pass this on
According to The Trustees for the Social Security Administration,
THERE WILL NOT BE A COST OF LIVING INCREASE FOR THE NEXT TWO YEARS IN SOCIAL SECURITY BENEFITS.
They, the Congress (BOTH REPUBLICAN AND DEMOCRATS TOGETHER) say no increase is warranted because of the losses in gross national product and other cute things..
NOW SPORTS FANS
THIS IS THE ONE THAT WILL FLIP YOU OUT!!
THE SOCIAL SECURITY ADMINISTRATION IS FUNDING TWENTY FOUR MILLION DOLLARS -- LET ME REPEAT THAT AMOUNT ...
SO YOU UNDERSTAND IT $ 24,000,000.00 DOLLARS FOR NEW ELECTRONIC MEDICAL RECORDS PROCESSING FOR OUR CONGRESSMEN AND SENATORS
THEY ARE OBTAINING THESE FUNDS And I QUOTE DIRECTLY FROM THE SOCIAL SECURITY WEBSITE...
THIS MONEY WILL BE COMING FROM THE SAVINGS TO BE GENERATED FROM WITHHOLDING COST OF LIVING INCREASES FOR 2010 & 2011 In SOCIAL SECURITY BENEFITS FOR THE ELDERLY AND A $2.00 INCREASE ON ALL MEDICARE RX BENEFIT CO-PAY
Please pass this to ALL your friends and have them
PROTEST TO THE IDIOTS WE ELECTED TO CONGRESS
Who by the way, have just voted themselves ANOTHER 3% SALARY INCREASE!!!
We must put a stop to this outright thievery!
It is THE HOUSE AND THESENATE, BOTH REPUBLICAN AND DEMOCRATS, WECAN'T FIRE THEM, BUT WE SURE CANNOT RE-ELECT THEM,
And WE CAN IMPEACH THEM
Or DEMAND RECALL ELECTIONS!!!
HOW ABOUT WE ALL GET TOGETHER AND DUMP THESE CLOWNS.
[Collected via e-mail, September 2009]
For the first time in history, the Democratic Congress will not allow an increase in the social security COLA (cost of living adjustment). In fact, The
However, the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2010 and to $120.20 for the year 2011.
Send this to all seniors that you know.
Remind them to not vote for the incumbent senators and congressmen in the 2010 and the 2012 elections.
[Collected via e-mail, March 2011]
MEDICARE PAY INCREASE
For those of you who are on Medicare (or will be soon), read the short article below.
It is about the monthly amount of money you are going to pay into Medicare in 2011, 2012 and the huge increase you will pay in 2013. You will pay it.
Congress will not allow an increase in the social security COLA (cost of living adjustment). However, the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2010, $120.20 for the year 2011, AND a yearly increase to a wonderful $247.00 in 2014. Thank You Obamacare!
In the meantime, Congress gave themselves a $3,000 a month Cost of Living Adjustment!
Send this to all seniors that you know.
REMEMBER IN NOVEMBER 2012
Origins: Since the mid-1970s, the Social Security Administration (SSA) has provided for cost-of-living adjustments (COLAs) in order to help keep benefits in line with the rate of inflation. The last
Two straight years with no COLA increases is a worrisome prospect for many retirees (and other Social Security recipients) living on fixed incomes. However, expressing anger with Congress over this circumstance is misplacing the blame, as Congress has no say over
Under federal law, Social Security COLA increases are based solely on a formula which is tied to specific economic indices (primarily the Consumer Price Index for Urban Wage Earners and Clerical Workers), and the application of that formula under the economic conditions of the last few years has not called for an increase:
If inflation increases from year to year, Social Security recipients automatically get higher payments, starting in January. If inflation is negative, the payments stay unchanged.
Social Security payments increased by 5.8 percent in 2009, the largest increase in
But energy prices quickly dropped. For example, average gasoline prices topped $4 a gallon in the summer of 2008. But by January 2009, they had fallen below $2. Today, the national average is roughly $2.70 a gallon.
As a result, Social Security recipients got an increase in 2009 that was far larger than actual inflation. However, they won't get another increase until inflation exceeds the level measured in 2008. The Social Security trustees project that will happen [in 2011], resulting in a small increase in benefits for 2012.
Social Security spokesman Mark Lassiter said the agency has no leeway to increase payments if the inflation measurement doesn't call for it.
The Social Security Administration projects no cost-of-living increases for the next two years because the adjustments are pegged to inflation, which has been negative this year, largely because energy prices are below 2008 levels.
Social Security is seeing a significant increase in disability applications as a result of the current recession. The agency expects to receive more than
Also, Congress has not "just voted themselves another 3% salary increase." In 2009, and again in 2010, members of Congress voted not to receive their automatic cost-of-living salary increases.
A later version of this item included the following statement about Medicare premiums:
Last updated: 8 September 2011
Lee, Don.   "Obama Proposes an Extra One-Time Payment to Social Security Recipients." Los Angeles Times. 15 October 2009. Ohlemacher, Stephen.   "House to Vote to Eliminate Medicare Premium Hikes." Associated Press. 23 September 2009. Ohlemacher, Stephen.   "House Passes Bill Stopping Medicare Premium Hikes." Associated Press. 24 September 2009. Ohlemacher, Stephen.   "Govt: No Call for Social Security Increase in 2011." Associated Press. 10 October 2010. Yager, Jordy.   "No Pay Raise for Congress in 2011." The Hill. 14 May 2010.