Social Security benefits to go up by 1.5 percent in 2014; increase among lowest in years

  • Article by: STEPHEN OHLEMACHER , Associated Press
  • Updated: October 30, 2013 - 2:46 PM

WASHINGTON — Social Security benefits will rise 1.5 percent in January, giving millions of retired and disabled workers an average raise of $19 a month to keep up with the cost of living.

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regionguyOct. 30, 13 9:22 AM

It's a little disingenuous to mention the lack of COLA in 2010 and 2011 without noting that in 2008 it was 2.3%, 2009 5.8%, and 2012 3.6%.

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circleoflifeOct. 30, 13 9:30 AM

Because of the low employment rate, cash isn't coming in. Duh. Can't dispense what isn't there.

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crystalbayOct. 30, 1312:35 PM

For me -due to about half of the "average" SS benefit - my check will increase by a whopping $9 a month. This hardly touches the higher utility, property tax, food costs, etc. This seems like a joke more than "protection" for those on fixed incomes.

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