Pensioners to receive 1.3% raise at year’s end

ATLANTA — Beneficiaries of two federal programs will receive a 1.3% cost of living adjustment, according to Social Security Administration (SSA) data released last month. The 8.05 million Supplemental Security Income (SSI) beneficiaries will see the increase in December, while the 69.7 million Old-Age, Survivors, and Disability Insurance (OASDI) beneficiaries will receive additional pay beginning… Read More Pensioners to receive 1.3% raise at year’s end

Beneficiaries To Receive Nominal Increase Next Year

According to data released today from the Social Security Administration, the 68.6 million beneficiaries of the Old-Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI) programs will receive a cost of living adjustment of 1.6% next year, a decrease from last year’s 2.8% bump. The adjustments will commence on December 31, 2019 for… Read More Beneficiaries To Receive Nominal Increase Next Year