Thanks a lot for your mishandling of Social Security
I paid into Social Security for 42 years, starting in 1957 and now for the first time the feds say no COLA for two years. That is not a great amount , usually the increase is around an average of $24 per person who is receiving SS.
The big thing is that the costs of the Medicare prescription drug program are going up along with the Medicare Part B coverage. So if there is no COLA for 2 years, and the insurance premiums increase that works out to a decrease in your monthly SS benefit.
The government seems to think that the automakers, fannie mae, fannie mac and other big mismanaged companies are more important than over 30 million seniors.
One thing for sure is that the seniors vote and they don’t forget being mistreated.
Source: Millions face shrinking Social Security payments
August 25, 2009
Posted in: Outrageous


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