Heal Is It A Cold Or WorseTSCL on the Hill."Sequester Savings on Senior Programs Would Add New Cost, Study Says," Kerry Young, CQ Roll Call. "Meals on Wheels Budget Cuts: 'Slowly Developing Crisis,'" Jeanne Sahadi, CNN Money, May 6, 2013..During that period COLAs have averaged just 1.4%. In 2010, 2011, and 2016 there was no COLA payable at all and, in 2017, the COLA was just 0.03 percent. "But COLAs have never remained so low, for such an extended period of time, in the history of Social Security," says Johnson, who has studied the COLA for more than 25 years. Over the 20 - year period covering 1990 to 2009, COLAs routinely averaged 3 percent annually, and were even higher before that period. … Continued
Education Student Loan Debt637205704an average of ,600 a month..Here's how it works. Undocumented immigrants use illegally obtained Social Security numbers to get jobs. Employers report earnings to the Social Security Administration as required by law. Those wages are used to calculate benefits when a worker files a claim. But when the Social Security Administration receives a name or SSN on a W-2 that does not match the agency's records, the wage report goes into an earnings suspense file while attempts are made to reconcile the discrepancy..While that is certainly better than 2010 and 2011 when inflation was so low that no COLA was paid for two years in a row, it's unlikely to cover seniors' real cost increases. Earlier this year we surveyed our readers and 89% reported that the 1.7% COLA in 2013 increased benefits by less than per month. On the other hand, almost the same number, 88%, reported that their total monthly expenses rose by more than Unfortunately the majority of those people, 40%, said that their monthly costs rose by more than 9. … Continued