Social Security COLA 2013 Increase

[2BNTV]

Social Security benefits will get small cost of living bump - Oct. 9, 2012 (http://money.cnn.com/2012/10/09/news/economy/social-security-benefits/index.html?hpt=hp_t3)

[KayakerNC]

Another "estimate".
Only another week until we know the real number.:pray:

[gomoho]

:$::$::$:Wow 1.5 - 1.7 enough to buy an extra case or two of beer each month. Just kidding welcome every penny that are willing to send to me!

[2BNTV]

Barely better than nothing.... wait...... it's almost nothing......

but I will take it. :smiley:

[CaptJohn]

Thanks for posting. That's news I can use. I'll feed it to my gas tank! :laugh:

[Golfingnut]

Great, Now I won't have to go back to work to make ends meet.

[2BNTV]

Great, Now I won't have to go back to work to make ends meet.

:1rotfl:

[billethkid]

I think the percent increase should be tied to the rate increase percentages on Medicare part D premiums + supplemental insurance rate increases.:$:

Or an acceptable alternative would be to make the increase match the percent increase of the price of gasoline.:sigh:

I think there should be a rolling 5 year average and if at any point in time one loses ground to price increases we should get a subsidy from the federal government to stay even.....:jester:

Or..........

btk

[Geewiz]

Hey -

Enjoy this COLA...there are serious plans, certainly embrassed by one, if not both parties, to change how the CPI is used/calculated for "entitlement" increases. Again, I'm not trying to use code...it's quite possible this is a chip both parties are willing to spend. Frankly, I have a hard time when politicians from any party call a benefit you paid for an "entitlement" -- but, I need to be careful here as I do not want to be "political." Still, regardless of your political affiliation. it's important to assist your elected representative with their vocabulary..Social Security and Federal Pensions are not an entitlement...they are a benefit you paid for. An "entitlement" is the gym in the Capitol. An "entitlement" is their reserved parking space at Reagan Airport. Get my drift?

[golf2140]

Hey -

Enjoy this COLA...there are serious plans, certainly embrassed by one, if not both parties, to change how the CPI is used/calculated for "entitlement" increases. Again, I'm not trying to use code...it's quite possible this is a chip both parties are willing to spend. Frankly, I have a hard time when politicians from any party call a benefit you paid for an "entitlement" -- but, I need to be careful here as I do not want to be "political." Still, regardless of your political affiliation. it's important to assist your elected representative with their vocabulary..Social Security and Federal Pensions are not an entitlement...they are a benefit you paid for. An "entitlement" is the gym in the Capitol. An "entitlement" is their reserved parking space at Reagan Airport. Get my drift?

Well said

[gomoho]

Well said

Absolutely - you are right on brother!!!!

[buzzy]

I thought welfare was an entitlement.

[villagerjack]

That is why they changed the definition to PAYROLL TAX from FICA...FEDERAL INSURANCE CONTRIBUTION ACT. Any time the government changes the name of something ...it is for a reason.

[perrjojo]

Well, I guess I see entitlement differently. I paid the tax into the fund; therefore I am entitled to get what I paid for.. :-). Think about it.

[Geewiz]

The difference is rhetoric...the bottom line is that I've been paying for it - it's not a gift or something I need to feel bad about taking. I bought it. If you charged too little....figure out a way to correct your pricing...but, 'taint my problem. I paid what you asked - now pony up what you promised. If you expect me to feel guilty or a leech on society..feel this...my foot up your tush. I don't apologize for stuff I bought and paid for. You don't have to be conservative to like tea - Madame DeFarge liked it, too.

This is not a left or right thing....this is about honoring promises and not humiliating those who took you at your word.

[chuckinca]

"Madame Defarge like it too"

Looks like I need to bone up on the classics to keep pace with the newby's.

And, I agree, we paid for SSI our whole working lives.

.

[Geewiz]

Ah, just tryin' to be subtle...subtle, but PO'ed