The Senior Citizens League is now estimating that Social Security's cost of living adjustment for this year will be 9.6%.
9 comments:
Anonymous
said...
Why don't they just stick with what they (and anybody else who cares to) know? The July CPI-W was 8.9% above the COLA baseline (average of July-Sept 2021 CPI-W). The COLA will depend on the average of July-Sept 2022 CPI-W relative to the baseline, so we need to wait for the August and September 2022 CPI-W, which nobody knows yet. But the COLA will likely be in the 8.9% ballpark.
Something in the article that was actually informative was that there will probably be no change in the Medicare Part B premium.
Yet those of us who work to administer the program will receive less than half of that in our cost of living raise. And all the while a bunch of dumb white boomers will continue to bitch and moan about how overpaid we are.
222 what is your problem? You are ageist and racist. All you need is a bias against the disabled and you would hit the trifecta of ignorance. SSA is clearly not the Agency you should be working for.
9 comments:
Why don't they just stick with what they (and anybody else who cares to) know? The July CPI-W was 8.9% above the COLA baseline (average of July-Sept 2021 CPI-W). The COLA will depend on the average of July-Sept 2022 CPI-W relative to the baseline, so we need to wait for the August and September 2022 CPI-W, which nobody knows yet. But the COLA will likely be in the 8.9% ballpark.
Something in the article that was actually informative was that there will probably be no change in the Medicare Part B premium.
Yet those of us who work to administer the program will receive less than half of that in our cost of living raise. And all the while a bunch of dumb white boomers will continue to bitch and moan about how overpaid we are.
222 what is your problem? You are ageist and racist. All you need is a bias against the disabled and you would hit the trifecta of ignorance. SSA is clearly not the Agency you should be working for.
Medicare will probably go up 12%.
And we'll field calls for six months after explaining "hey where'd my raise go"
No one should work for the agency. Just automate it or send it overseas.
Medicare won’t go up much if at all.
Not this year. They’ll wait until it’s a smaller cola to absorb all of it.
Will such a big jump in benefits speed up the depletion of funds and the impending doom date of not being able to meet payment requirements?
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