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Latest Social Security Update July 31, 2011 at 10:41 PM

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July 31, 2011

Commentary: Social Security is not the young paying to support

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Commentary: Social Security is not the young paying to support the old
By Mike Jowarsky With dismaying regularity, the would-be subverters of Social Security charge that the system is nothing more than a federal government-run Ponzi scheme that makes Bernie Madoff look like an amateur. They typically claim that, once retirees recover whatever they and their employers have contributed over the years, Social Security pays retirees with money taxed away from the ...

Neptune rally defends entitlement programs
Protestors hold up signs against the government's decisions with Social Security, Medicare and Medicaid on Route 66 in Neptune outside of the Social Security office.

July 28, 2011

Social Security's future will changeNo matter what plan emerges from

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Social Security's future will change
No matter what plan emerges from the debt talks, future benefits will be trimmed back.

Debt Debate: Social Security
Greg Floyd spoke with Sen. Chuck Schumer today to discuss Schumer's proposal to bring federal assistance to local governments in the Capital Region. Schumer also said he's talked to Gov. Paterson about Sen. Clinton's soon-to-be-vacated Senate seat.

Social Security to seniors: 'We don't know'
The risk of a U.S. default has incited panic among many older Americans, who are now calling the Social Security Administration to find out what's going to happen to their monthly benefits if the debt ceiling isn't raised by Aug. 2.

July 25, 2011

Income at Risk: Unemployment Rates Rise Sharply for People with

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Income at Risk: Unemployment Rates Rise Sharply for People with Disabilities, Allsup Finds
Unemployment rate for people with disabilities highest in nearly two years; Social Security disability applications significantly higher than first quarter and a year agoBelleville, IL (PRWEB) July 25, 2011 During second quarter 2011, unemployment rates for people with disabilities spiked and continued to outpace the unemployment rate for other workers, according to a quarterly study by Allsup ...

Seniors nervous about social security and the debt crisis
In just a few hours, President Obama will address the nation about the debt crisis. Obama and republicans are trying to reach a deal on the nation's debt ceiling before a threatened August 2nd government default.

Social Security going paperless May 1
The North Platte Telegraph On Jan. 31, 1940, Ira Mae Fuller of Rutland, Vt., received the first Social Security benefit check for $22.54. Fuller, who died in 1974 at age 100 after receiving a total of $22,888 in benefits, wouldn't recognize today's electronic age Social Security.

July 22, 2011

Social Security and You: Retirement planningshare: digg facebook twitter Question:

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Social Security and You: Retirement planning
share: digg facebook twitter Question: I've read retirement advice that says it is better to delay your Social Security benefits. Does Social Security have something that will help me do this type of retirement planning? When you are considering when to collect retirement benefits, one important factor to take into account is how long you might live. According to data compiled by the Social ...

Social Security offices to close 30 minutes earlier
The move is designed to curtail overtime pay to employees.

July 19, 2011

Meet the "Pea Party"They're more upset over Grandma's Social Security

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Meet the "Pea Party"
They're more upset over Grandma's Social Security than bonuses for bailed-out bankers -- and they have Obama's ear

Rep. Dennis Kucinich: More Washington Doublespeak on Social Security
Why are members of Congress and the Administration continuing to mix the '75 year solvency' of Social Security with the deficit, when Social Security, by the report of its own trustees, has enough resources to pay 100% of benefits through 2036?

July 16, 2011

Social Security Number Not Always NeededThe theft of medical records

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Social Security Number Not Always Needed
The theft of medical records from a Triad hospital exposes when to give your social security number, and when you don't.

Man's SS Number Shows up in Stranger's Criminal Record
JACKSONVILLE, Fla. -- Richard Cuff said his Social Security number was being used by someone with a criminal history. "I would have never seen this coming," said Cuff.

Growing signs Social Security, Medicare changes will be part of debt deal
Obama's remarks and developments in a Senate "back up plan" suggest entitlement changes are a big part of deficit reduction talks

July 13, 2011

Proposed Social Security, Medicare changes draw fire from AARP and

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Proposed Social Security, Medicare changes draw fire from AARP and others
Advocacy groups for seniors and health care, as well as liberal groups, are against changes to Medicare and Social Security discussed in the debt limit talks

KLTV investigates: Social Security scare
President Obama announced Tuesday that if no deal is struck on the debt ceiling by August 2nd, there could be an immediate impact on people who depend on government money, like social security.

July 10, 2011

Mary Dubord claims she's alive, but Social Security office says

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Mary Dubord claims she's alive, but Social Security office says otherwise
It didn't take much, Mary "Gerrie" Dubord recalls, for the Social Security Administration to incorrectly record that she died in 1994.

Kitsap Co. women among Social Security's 'dead'
Joyce Simpson, 87, was "scared to death" when her Social Security and pension checks stopped showing up in the mail.

July 07, 2011

Talks: Inflation change could cut Social SecurityOnce considered untouchable, Social

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Talks: Inflation change could cut Social Security
Once considered untouchable, Social Security is now in play in the debt-ceiling negotiations. And that could mean higher income taxes for many U.S. families in addition to shaved benefits for tens of millions of retirees as they age.

Social Security and Medicare: What's the real cost?
Social Security and Medicare are often brought up during debates about 'unfunded liabilities.' See question No. 2 for an explanation of the long-term cost of Social Security and Medicare.

July 04, 2011

Social Security: Direct deposit requiredQ: Is it true I must

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Social Security: Direct deposit required
Q: Is it true I must now receive my benefits through direct deposit? A: Anyone applying for benefits on or after May 1, 2011, will be required to receive their payments electronically, while those already receiving paper checks will need to switch by Marc

Debt-Limit Delay Jeopardizes Social Security
If President Obama and Congress can't agree to increase the government's debt limit, social security payments could be threatened

July 01, 2011

Richard (RJ) Eskow: The "Social Security Chain-CPI Massacre": Underhanded, Unnecessary,

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Richard (RJ) Eskow: The "Social Security Chain-CPI Massacre": Underhanded, Unnecessary, Unfair, Un-American
Do you hear a noise like power saws cutting away at your Social Security benefits? That's the sound of the politicians promoting the "chained CPI," Washington's latest gimmick for tricking voters and cutting their hard-earned benefits.

Cut Social Security COLAs?
As Congress struggles with ways to reduce the federal deficit, one of the approaches that appears to be among the most likely to be adopted is a revision in the way the Consumer Price Index is calculated.

Delay Taking Social Security, Add Annuity to Survive Retirement, GAO Says
Retirees may have to delay Social Security benefits and buy an annuity to have enough money for retirement, said a U.S. government study.

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