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Esteemed Contributor
Posts: 7,672
Registered: ‎06-09-2010

I read today the below info on increases for 2017:

 

 Millions of Social Security recipients and federal retirees will get a 0.3 percent increase in monthly benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises.

 

 

Super Contributor
Posts: 292
Registered: ‎10-10-2015

I was just thinking about this the other day,since we didnot get  a raise last year I am glad to hear that we  are getting something this year.  I just hope medicare doesnot  get a raise. Thank you for the info.

Honored Contributor
Posts: 39,068
Registered: ‎08-19-2010

I got 2.00 raise

Medicare,just raised last yr. I don't look for it to raise again for some time.

All those still paying 104 will be lifted to, 120,probably, so, we will all pay the same.

Trusted Contributor
Posts: 1,062
Registered: ‎03-11-2010

I just received an email from Michael Phelan at Social Security Works.  The increase will amount to $5 per month.

 

If you are interesting in protesting through this agency, you can contact them at "info@socialsecurity works.org."   There should be a way to sign the petition to protest this small increase.  They bascically are asking people to sign a petition to ask that everyone, including the wealthy, pay their fare share to Social Security,

Honored Contributor
Posts: 39,068
Registered: ‎08-19-2010

My letter was from the SS office and they told me 2.00

Honored Contributor
Posts: 39,068
Registered: ‎08-19-2010

unless that's for the folks drawing in the 2,000 range I guess.

Esteemed Contributor
Posts: 6,035
Registered: ‎03-09-2010

Read the entire article. The raise includes those on disability as well as SSI.

 

65 million Americans get a check every month. That's more than 20% of our population or 1 in 5.

 

Think it's all retirees? Hardly.

Respected Contributor
Posts: 4,838
Registered: ‎07-24-2013

i just saw that on my local yokel news.  the two 30ish anchors were snickering about how that averages to around $4 a month.  hah hah chortle chortle and then hah hah your Medicare will be going up hah hah  these two make close to $ 200,000 each.

Honored Contributor
Posts: 8,061
Registered: ‎12-24-2010

$5.00 isn't going to help much with a package of stew beef I saw at Wegmans today - couldn't believe my eyes.....$13 plus change for stew quality.  I passed!

(and other selections of beef were all in the upper range - $18 - $22 which is why I usually shop a local family owned market for most thing and they have their own butcher shop on site)

Esteemed Contributor
Posts: 7,243
Registered: ‎03-11-2010

Yippee.  I will stay all night trying to figure out how I will spend it all.