24Aug

Social Security benefits decreasing in 2010 and 2011?

By , August 24th, 2009 | SSA News | 20 Comments

The news has been going around for some time that there will be no cost of living adjustment in Social Security benefits (including retirement and disability benefits) for the next two years, 2010 and 2011. However, it looks like the real amount of benefits will actually  decrease for many.

The trustees who oversee Social Security are projecting there won’t be a cost of living adjustment (COLA) for the next two years. …  By law, Social Security benefits cannot go down. Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug program because the premiums, which often are deducted from Social Security payments, are scheduled to go up slightly.

Ouch!

Keep in mind that if you are receiving Supplemental Security Income (SSI) and not Social Security Disability Insurance (SSDI), then you are receiving Medicaid, not Medicare and not subject to this premium increase. However, your benefits in the next two years are also locked and will not increase.

via Gazette.com : Social Security payments will shrink for many next year.

Tomasz Stasiuk is the founding attorney of the Stasiuk Firm - a law firm devoted to exclusively handling Social Security disability cases in Colorado. Contingent fees available.
  • R. R. Woodall

    I am sure if ssa increases due to cola and those who did not allow the COLA we will soon forget ssa and it will simply stop. I live in a great country after working 53 years to come to this! Thank you USA. Our govt really knows how to get any money you have.

  • Pingback: Obama calls for $250 payments to seniors – Yahoo! News | Colorado Social Security Law

  • donnalisa

    this is not good for us . the gas is up . we cant even aford to eat . .is the gas going down and we dont no it.?is someone geting rich help us understand , we dont get a rize for the nex 2 years so nothing will go up . the gas and food nimo phone will all stay the same no raze i dont beleve this

  • donnalisa

    this is not good for us . the gas is up . we cant even aford to eat . .is the gas going down and we dont no it.?is someone geting rich help us understand , we dont get a rize for the nex 2 years so nothing will go up . the gas and food nimo phone will all stay the same no raze i dont beleve this

  • Connie

    you are right its not right were we should get a raze for the coast of living and the gas is going up again and food what do we have to get food stamps so we can eat and all the bills we have now what are we all going to do some one is geting rich out there look at all of the rich people out there with new cars new houses and you wounder were is all the money going out there in the wourld not fare not right so lets hope they well do some thing about get this year and so on all i can say its not right

  • Andrea

    Maybe if all these big wigs would spend less money on polictical parties, and all the money given to Professional sports players we might have more money. You can not convince me that any one person who plays a sport or is in the government should get millions and millions of dollars.

  • Fastback1964

    Mac
    Things as usually from a corrupt House and Senate they get a 3% pay raise we get nothing. They get more in one month than we get a year

  • C C huffman

    Mac
    Back again we need to let our elected Officals Are doing the right thing by posting in the paper or find some way to let his supporter are doing and voted on and the ones that are waisting our money we find some one to run against this elected offical doing and get rid of him or her. Get a waste basket out and take out the waste one by one. They were elected by the people for the people. Look and read about our elected officals that been there for years, do we want that to repersent us. They laugh at us behind closed doors as they are making deals. Some have been up there for 40 years can hardly talk and walk, who is actual voting for these men.

  • Gesus4gives

    Just because someone has a nice car and a nice house does not nessesarily make them rich. I have a nice home because I take care of it and I have a nice vehicle because the Lord has blessed us with theon we needed, but worldy I am poor as dirt,…..but spiritually I am a child of the King.

  • Mycassidygirl

    this is fucking bullshit if we the people do not get a COLA increase in our checks we have at the same payment structure for wo years now 2009-2010 is it fucking tyme for an adjustment to our payments they go up a couple of hundred of dollars because things are more expensive now than two years ago is’ny fucking going to do something about this or just lay the fuck back and skimp by each and every fucking month instead of fighting for $200-$300 more in your benefits come on we fucking gotta do something now before end of the year.

  • Patricia Pippin

    I think it is rime that we get a cost of living raise we can;t live off the same amount for this long when the cost of living goes up it is not fair we worked our butts off all these yrs and payed in our s.s. and now we are done this way lets have the president live off of what we do a month and he would be fit ti tie like we are………………………………………………………….

  • nora renteria age 73

    we as seniors in this county are well deserving of a 250 check! if our goverment can help all the forienners who float into our county, then why are they not helping the citizens of this county? let them try and live on 800 or less for a month, rent,food, medical etc. entertainment, what’s that?
    we cant go out to eat, or even rent a movie! you people in our white house should be ashamed of yourselves, treating us like second grade citizens! when you sit down to your 1000 dollar a plate dinners, think about the cititizens that are sitting down to soup and maybe crackers, since they have gone up in price to!

  • Whittington04654

    the cost of living is going up each years and we must get back on the road SSI and Social Security benefits must stop paying with our income and they muth give us back our money’s and the man in the White House must go away and not come back the black man in the white house is a very bad man and is going kill us all.
    he is a god this a man that the bible tell us about he is going to end the would within 2 more years and jesus will be back for his people! he is a man was not birth in the U.S.A and now he want to stop our income!
    people did work all our life and now he want to stop our income! we the people in the U.S.A. must get the man out the withe house to day!

  • jenna butler

    Does anyone know why there is a decrease in disibility payments?

  • Dolores E Reed

    I am now 65 years old and have been on Social Security Disability since 2003. My sister told me she read an article stating that in 2011, those benefits will be reduced by $290.00. Can you verify this?

  • http://www.Planet10Tech.com TomaszStasiuk

    Hi Delores.

    There is no COLA *increase*, so benefits wont go up in 2011.

    However, I have not seen anything about a decrease to the amount individuals will receive from Social Security in 2011.

    As the post mentions, other expenses such as Medicare premiums may increase, which means the benefits may not go as far as before. However, with increasing gas and food prices, it is nothing new that Social Security benefits do not go as far they used to.

  • Calaska

    Actually SSDI does  receive  Medicare, not Medicaid…and mine is going up. (some SSDI recipients do receive Medicaid AND Medicare, but all receive for Medicare)

  • http://www.Planet10Tech.com TomaszStasiuk

    “Actually SSDI does  receive  Medicare, not Medicaid”

    That’s what the article says. The main thrust was the affect on SSDI recipients. I was clarifying that SSI recipients receive Medicaid, so unless they also receive SSDI benefits, this may not apply to them. 

  • Stephanie

    I want to do something about the injustice of american citizens getting less than $700 a month to live on.  No one should have to live like this.  Can someone tell me what I can do.  Should we set up organized, peaceful protest in front of Social Security offices?  Should we go to Washington?  We can’t really afford to travel on what they pay us so we need to organize.  We need to stand up for our rights. I Have seen foreigners who can’t even speak English, walk up and get food stamps, health insurance, heating assistance and everything else the government offers without even blinking.  I can’t even feed my daughter and myself without proving that we are nearly homeless.  Something needs to be done.  Who is with me and wants to help?

  • Teasdale18

    My husband just started receiving disability. In the Estimate of Benefits he received in 2010 (for 2009) (I found out they stopped mailing them out in 2011), the payment was $43 more than what he is actually receiving. The SS website doesnt address this decrease. He doesnt receive Medicare yet, so that isnt the answer. Does anyone know why his payment would be less, even though he eraned the same amount in 2010?

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