One of the
most contentious government programs, US Social Security has been
used as a political football by both Democrats and Republicans
in recent years, with each party pulling in opposite directions
on its future.
generally hold to the belief to keep Social Security benefits
a government-run program, Republicans have pushed for private
retirement funds, invested in by individuals with their own funds
in the public banking and investment markets.
Adding to the anxiety for everyday Americans, are real concerns over Social
Security underfunding or mismanagement resulting in a possible
shortfall of payments once they reach retirement age.
Social Security increases
In 2009, retirees
or other qualified individuals looked forward to a major boost
marked by a 5.8% increase in their Social Security benefits. However,
in 2010 and 2011 there was no COLA (cost of living increase.)
Payees once again looked forward to an increase in 2012, based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2008 through the third quarter of 2011. As a result, Social Security and Supplemental Security Income (SSI) beneficiaries received a 3.6 percent COLA for 2012.
In 2015 a 1.7% increase takes effect in January resulting in about $19 more a month for those receiving the average benefit of $1, 272.
More about Social Security around the Web:
Web, learn more about the proper steps to take, how to file for
Social Security, which forms to complete and more - with links
to official government sites and resources to legal assistance
specializing in both elder law and the rights entitled to seniors,
the disabled, and their families...
Social Security Handbook - The U.S. government's complete guide browseable online or downloadable in a ZIP file, and covering the gamut from filing a claim, survivor benefits, and health insurance to underpayments and overpayments, special veterans benefits, and more.
Social Security Online - Representing Claimants - Rules and regulations governing your right to have an attorney represent you in claiming benefits and featuring a FAQ, information on fee inquiries, fee authorization processes, and links to related forms.
Social Security Forms - Check out the complete list of downloadable Benefit Claims Supporting Forms with related guides and instructions in
NOSSCR Online - Official site of The National Organization of Social Security Claimant's Representatives offers information and guides to taxes and social security, disability benefits FAQ, a toll-free contact number for lawyer referrals, and a comprehensive list of related resources