31May

Social Security benefits increase coming in 2012?

By Tomasz Stasiuk, May 31st, 2011 | SSA News | 142 Comments

After a two years freeze in Social Security benefits, a thaw may finally be coming. The Baltimore Sun reports:

The Social Security trustees’ annual report released this month estimates that the cost-of-living adjustment in next year’s checks will be 0.7 percent. The increase, which will be announced in October, could be higher, depending on where prices head in the coming months.

So, we won’t know for sure until October and the increase may be as small as 0.7 percent, and not put into effect until 2012. Hurray(?)

UPDATE 10/18/11: The 0.7 increase was the only news of an increase in 2012 for a long time. AP reports a real cost of living increase is coming to Social Security in 2012.

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.

Hocuar

2012 is an election year, you can expect to see a SMALL increase. If it was not an election year, we would see a freeze again. So disgusting.
Minidogs2

Bush wasn’t handing out monies to the banks and other corporations as if it was the Peoples fault for their failures. Their failures were due to their high bonuses and the fact that people have lost their jobs or taken large cuts in pay to keep their jobs. They can’t afford to take out loans, etc. In addition, Obama has a Small Business Loan Plan in effect, the only problem is small businesses cannot get the money. They allow congressmen or senators to take the monies (illegallly because the benefactor cannot make more than $100,000 a year) and take them to Greenland to build Fiats. The American people are paying for this, but not one job has resulted in this country as a result of this “SBA Loan”!!!!!!!!! I know several small business people who have applied, but i don’t know one that got the loan. I read somewhere that the correct description of our country is now “America, the Land of Socialism” You can thank our current President for that. We are not longer a “free” people
Bill L.Curry

If the politicions woud put back the 2.7 trillion they have stolen from SS trust fund we could all get a nice raise in 2012.
Chicken4270

oh my god! pray the lord, may a 0.7 raise for us seniors that have had NOTHING but everything going up including medicare…..we paid into these accts and we are entitled to a good raise every year!!!!!!!!!!! i hope they get the lead out of their *** and make damn sure that o’bama doesn’t get re-elected…..he’s ruined this country all those yahoos on the hill think about is their raises and our taxes that pay for all their parties and running around in AF One! this country sucks!!!!!!!!!!
Jdayscv

Chicken pleeze this country was so messed up in the 8 years preceding Obama
Tumblebug34

don’t blame obamie the repukes would love doing completely away with social security
Thelabe

keep your charity with that increase. the members of congress get 3 perc ent for what.
airchauffeur

Amazing that the left still blames Bush..LMAO!! Hey dumbass, O’BUMMER has had 3 years now and added TRILLIONS to our deficit. You re-elect Husseign O’Bummer foe 4 more and this country sinks. Even democrats with 1/3 of a brain admit to this.
http://pulse.yahoo.com/_ZWZ7CYWGB6R2SUAFQ7OUL5FU6Y monie711

It makes me upset when people put the blame on one person. Are people forgetting that everything that goes on in the White House is things that has been going on for years! It is one president will start something, leave it for the other president when he comes in. I think that people are forgetting that they let Bush stay in office for 8 years and what did he do? NOT A DAMN THING!!! But people is not complaining about what he did. President Obama cannot do nothing unles the Republicans and Democrates and the House approved it. People need to think about the people that they put into office for these position. Before people start to blame the president they need to think. If you ever heard the president making a choice or giving the people a decision before the other three have put in their opinion or voted on the issue. People start thinking!!!!
http://pulse.yahoo.com/_ZWZ7CYWGB6R2SUAFQ7OUL5FU6Y monie711

You need to blame those people on the hill!! True the President is on the hill, but he cannot make decisions by himself. Them other ones on the hill is the ones the decisions. Of course the President can veto them, but it still don’t get things accomplished. If people don’t take the time to vote and voice their opinion when needed. But if things don’t go their ways, they sure can be make their voices heard!!
http://pulse.yahoo.com/_ZWZ7CYWGB6R2SUAFQ7OUL5FU6Y monie711

How do you know that Bush was not handing out money? You don’t. Not everything that is going on in Washington, the people know about. Do you expect them to tell us? NO! As far as economy is these issues probably was going more and more. The problem was that people never expected that it would get this bad. If peope know how to survive and not live beyond their means, they would have money. Instead of getting houses they can afford, they get more because the credit company let them have them. If people would look at getting things they can be comfortable with they would feel a little better. Stop blamming Obama for this.
Ca[tain Blie

If the republicans do away with Social Security, then where is Perry, Cain, Cane, Romney going to borrow money from to pay for benefits for illegal immigrants, WIC, special interest projects like Haliburton, etc.?
Sophia Kency

Yes it is indeed a shame the Republicans so in to keeping there pockets fat that they really do not care a thing about the peoples that are less with nothing,they do not care about the elderly and by it self is a total y a shame so they think that they are going to live forever well you not and is there any Jesus in them they need to use it, for what I see of them just do not care the money that they have it will never be spent by them are their families the sad thing is the ones votes for them are suffer also they better big and hard for the next election!!!!!!!!!!!
Vidmagmedia

I heard the other day that there will be a 3.9% increase for next year.
Carol

Greed is the problem in this country i think part of the blame should go to wall street and for all the one’s in Washington they don’t want to tax the rich cause it will mean they will get clipped big time for taxes but they should have to eat baked beans and hot dogs or what ever the cheapest meal is how would they like not having money from their check to even buy food and if you try for food stamps they tell you that you get to much money but people can come in this country and get 100′s of dollars in food stamps all the medical care free while we have to suffer wonder how the one’s in Washington would like not be able to go to the doctor because they don’t have the money for when the bill comes in i thank got every morning that my feet hit the floor and i can still breath you see i’m living with COPD and can’t afford the inhalers to help me i live in chronic pain every day it makes you want to cry knowing how we can be treated like this and they don’t give a damn about it there is not enough places that are subsidized by hud or that is based on your income the have a list a mile long so what are you suppose to do keep the roof over your head and the other things on and just wonder what will happen next.
Lil_sweethart87

Carol dear sweet Carol,
you are so ignoranet so im going to attempt to widden you scoop just alittle. Im a single mom who only made 11,000 total last year my son is on medicade and I go to school,But my goal in life is to graduate and provide for my son the best that I can. So those millinaires you hate so much I really don’t have a problem with them since most likely i will be getting my job through them. As for people feeling that the gov. Owes them, they don’t!!!! you need assitance go ahead use for a period of time but in the mean time get off your buttom and work do anything (omg i use to walk around with a buket and wash cars) Sorry I derailed, but if you tax those “millinares” don’t you think it will be harder for them to turn a profit then more firing then hiring will go on???? oh and those “millinaires” already pay almost 1/2 of the nations taxes, how much did you pay??? But im not trying to pick on you I don’t want to pick on you I feel trirbble that your sick and I hope and prey you’ll feel better I sinclerly do. just get mad when people say greed is our problem when I see it as an entitlement and a lack of education is our problem.
Pingback: Social Security increase coming in 2012! | Colorado Social Security
Heidiho52

Will VA disability paym?nts increase along with Social Security?
sister love

SOME OF YOU STOP COMPLAINING THE BIBLE SAYS TOO STORE UP YOUR RICHES IN HEAVEN WHERE ROBBERS CANNOT BREAK IN AND STEAL. WHAT DOES IT PROPHET A MAN TOO GAIN THE WHOLE WORLD THAN TOO LOOSE HIS SOUL. SET YOUR MINDS ON HEAVENLY THINGS ABOVE BECAUSE ONLY WHAT YOU DO IN CHRIST WILL LAST. SO STAY FOCUS AND DO NOT FORGET LOOK TO THE HILLS WHERE YOUR HELP COMES FROM, IT COMES FROM THE LORD. SISTER LOVE. THANKSSSSSSSSSSSSSSSS!.
1st john 1-9
Sandradunigan

barocka obama i am glad all social security reciptlions are getting a raise in 2012 but it want do any good for seniors disabled on medicare that cant get a medicade card and half to pay for there medicare plus out of pocket for a copayment plus medications that is just not fair to these seniors citzens who have worked hard all of there life while most of these younger generation worked verly little are never worked a day in there life and get full benifets plus all of there medications they need costing them nothing you and your senited house need to stop the copayment on medicare and make medicare full benifit with all of the medications seniors disabled need ssi reciplions can get full benifit why not the hard working seniors disabled seniors have worked to long and to hard for there money the house need to stop taking money from social security for the medicade and walfare food stamps wick program find another way to fund the medicade program not from social security the end
Badog1

can u eat that bible
Tracieward42

Ya, Great, but how much are they going to take out of that raise for medicare!!
Tracieward42

Greed my Butt, My parents can barely make ends meet, they’ve worked all their lives, and they deserve that money!!
Cindy5913

The government takes all of the increase for medicare so my parents don;t see the increase at all.
Cindy5913

The republicans really!!!! how about the democrats for it was them that got us in this big mess in the first place. The republicans are trying to balnce a budget the democrats refuse to pass in the first place.
Sunflower_2373

That was very rude to say, in that case you are not a believer in GOD< he is the reason why we are all here today, so eat your words
Vintage50s_32

The increase is Social Security will make most seniors ineligible for the $16.00 in food stamps they receive also the help they receive with their telephone/electric bills.
So AT& T will get our raise. They calculated the amount just right.
http://www.Planet10Tech.com TomaszStasiuk

Hmm. That’s an interesting perspective.
Suthrn_yanky

lil_sweethart87 dear sweet lil_sweethart87,
YOU are so ignorant of alot of things. let me help you. I’m glad that you are in school and trying to better yourself. the first thing you should work on is spelling. ignorant, not ignoranet. widen, not widden. medicaid, not medicade. millionaires, not millinaires. terrible, not trirbble. you’re, not your. pray, not prey.
i believe that Carol is not one expecting entitlement. she has probably worked her whole life and is tired of others abusing the system while she lives within the laws and is doing without. she has probably paid her taxes and is now retired. i hope that you are not going into any field where compassion is needed because you are clearly lacking.
Kim
Suthrn_yanky

if you feel that this country sucks so bad, you are free to leave anytime
Bob

SSI is not an entitlement it is funded by the working people. The government just steals from it to fund their projects. The govt owes SSI trillions.
Charlie

I get about a $23 increase on my check next year, I live in a HUD building, they take back $18 of that $23, for rent increase. So that leaves me with $6 extra dollars to spend for the month. It isn’t fair, that these corrupt politicians give themselves big raises and bonuses.
Charlie

how do you know that for a fact? and you can’t say that someone doesn’t believe in GOD, just because they made a silly comment. if he is the reason why we’re here, then he’s to blame for all the suffering.
Charlie

you’re very stupid to think that.
Rmaigue

SS was never designed to support you in retirement. It was designed to assist you in retirement. You were supposed to save and invest your savings to build a retirement account not depend on everyone else to support you.
Godzilla52670

save?….seriously the way the economy is set up is to keep poor people poor and rich people rich. I have worked in the private sector so spare me the sanctimonious platitudes.
Godzilla52670

hmmm…lets see you spout some xtian jargon when the bill collector comes by and asks to be paid.
Wmv4875

my social security payment went down this year instead of 3.6% increase ?
http://www.stasiukfirm.com/ TomaszStasiuk

And you contacted your local Social Security office and they said….
Anonymous

The past decade wiped a lot of people out. Between hidden inflation
(fuel and food), a farcical Core Inflation and stocks getting hammered
and only those with top notch FA or an FA who is also your friend made
any decent money – The USA is basically doomed. Big inflation is going
to come, prices are going to rise even more. Its out of control. I buy
about 25% less food than I used to because I’m trying to maintain the
quality. Retired on a fixed income? Inflation is your worst enemy.
http://profile.yahoo.com/JTSP6FXVLTUHM47PNFJDNCU22U Aussies are Awesome

When I asked about benefits for my then minor daughter I was told that I get the maximum payment and therefore there was not enough for her to get it. What do I do? I truly feel as if I was cheated.
http://www.stasiukfirm.com/ TomaszStasiuk

Well… maybe, maybe not. Auxiliary benefits for minor children are available for SSDI cases, and there is a family maximum which limits the maximum SSA pays: http://www.socialsecurityinsider.com/2011/05/how-much-does-social-security-pay-in-auxiliary-benefits/

SSA should explain if the family maximum is the reason your daughter is not eligible (or if it is somethings else). For an independent appraisal, you can also try Social Security Advice Online. They are a national company made up of former Social Security managers. Note: this is a private company not affiliated with the Social Security Administration. You can reach them at http://socialsecurityadviceonline.com and (513) 860-5924 , (513) 779-7439.