Posted on 10/22/2014 8:18:18 AM PDT by Brother Cracker
Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, the government announced Wednesday.
It's the third year in a row the increase will be less than 2 percent.
The annual cost-of-living adjustment, or COLA, affects payments to more than 70 million Social Security recipients, disabled veterans and federal retirees.
(Excerpt) Read more at abcnews.go.com ...
Then the basics; eggs, milk, beef, etc. - all the daily items are going up at rates higher than claimed inflation rates. They can claim “on average” but that means nothing to people struggling to get by, the increases in basic items is killer.
They’re liars.
They only claim certain things as a measure of inflation. It’s a rigged system. I believe they just changed their specs to make sure you will get less.
Yea, that will almost cover the increase in my Plan A/B, D and F
What are the federal pensions paying these days?
What/whose plan do you have? That increase seems more than a little outrageous.
Exactly! I have left the Republican party just because of Social Security and them wanting to “reform” it. NO! It’s self-supporting.......money paid in by workers all their working lives and it doesn’t need reforming. The goobers need to pay it back and leave it the hell alone!!!
Is your plan F the high deductible or the regular plan F? Have you looked at the plan N?
The government giveth and the government taketh away.
They are putting off announcing the increase in Part A till after the election so take a guess.
Ground Beef is up 2.1% since last month. Now $4.10/lb
FIFY.
Yes, just like the potholes in the streets suddenly get fixed.
They're just forcing you to change plans. And this is all related to Obamacare.
The other plands might be a little cheaper....BUT...huge deductibles.
At any time during the intervening sixty years did you ever question whether such a contribution could reasonably generate value for you now, given how the government has been spending the money and promising even more?
If you had contributed this money to a known Ponzi scheme instead of to the government, how much would you be due?
The money you contributed has been SPENT; all of it. The only thing remaining is the "true faith and credit" of the United States. Is it not obvious that such faith is misplaced and that the U.S. will never be able to provide the expected value to future generations?
You should be prepared to be thankful if you receive anything at all and also be prepared to be condemned by future generations for having fallen for such a fraud.
You are no more justified in expecting payment than those future generations who we know will not be paid.
as an ss recipient, I could simply say “good” but as someone informed on the ss finances I can also say: “the ‘extra’ money is coming from where???”
http://www.moneyfactory.gov/
thanks for the chuckles
There’s no “contribution” to it. The money was SEIZED. Wage earners weren’t asked, nor given a choice.
Won't even buy a 1/4 tank of gas these days.
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