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Orivell Salmons and Helen Forsee of Fulton agree the 3.6 percent cost-of-living increase in Social Security is long overdue but it will be offset by increases in costs of Medicare insurance and other purchases. Photo by Don Norfleet.
Tuesday, December 27, 2011
Retired older adults haven’t received a cost-of-living increase in Social Security benefits since 2008, but next month the average recipient is expected to receive $43 more in their monthly payment.
January Social Security checks will have 3.6 percent more added to the monthly payment.
Orivell Salmons and Helen Forsee of Fulton are both receiving Social Security benefits and they agree the cost-of-living increase is overdue.
“We need an increase. Everything else is going up more. The supplemental Medicare health insurance is going up along with a lot of other things. Just look at the price of groceries and gasoline,” Forsee said.
“This no doubt will help poor people a lot,” Salmons said. “Forty dollars might mean a lot to some people. Some people are having a hard time finding something to eat. Money is tight. Jobs are hard to find. When you find one, it won’t pay much.”
Comments
SSDAdvocate 1 year, 5 months ago
What an extraordinary turn of events for those people who rely on assistance from the SSA. These amazing people will now have an easier time overcoming mental and physical disabilities to keep a roof over their family’s heads and food in their stomachs. I too was thrilled to see that the SSA is increasing payments to its Social Security Disability recipients starting in January. This money, in turn, will benefit the local economies where these disabled people live. If you are living with a disabling condition, and would like to be connected to a specialized Social Security Disability attorney in your area to help obtain benefits in the initial stage of your claim, I would recommend going to ww.socialsecurity-disability.org --Social Security Disability Help. This will certainly increase your chances of being approved in the initial stage of your claim, as an experienced attorney will ensure that your medical documentation and paperwork is all presented in the best light possible.
Advocator 1 year, 5 months ago
Graceful, I'm on Medicare and I know the Medicare increase in 2012 is $3.50. If the average recipient will be getting an increase of $43 +/- per month. This would leave a "average" net increase of $39.50 per month. Not a wash for me. It all helps.
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