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actually I think they should make up for the lies they told cause the inflation has not been down and has not gone down since shortly before bush left office, therefore there was absolutley no reason to deny the ones on SSI their COLA, they already give them too little as it is. they should not expect those on SSI to have to keep getting more and more help from local and state government for things like housing and food stamps. people on SSI are human beings that have been delt a bad hand either physically or mentaly and should not be forced to remain below the poverty level., if they are going to determine how much they can have a month, fine but only count extra income if it comes from LABOR... AKA WORK, not gifts, and not winnings such as Lottery tickets given to them by a friend or family member.
Income is income. I do not follow your reasoning in wanting to exempt certain types of income. The more income one has, the less one needs SSI. That is the bottom line. Why should someone who got lucky enough to win the lottery get a free pass on that income while someone who busts his butt earning the same amount reaps the negative consequences of having higher income? Not only does the reasoning not hold up, it is actually backwards.
to be honest they do just decide cause they lie and say the inflation is down when its Higher than a kite and don't realize that clerical workers pay no more or no less than we on SSI. the COLA should be determined by the price of Items it takes for survival and those who are disabled should not be forced to Just barely get by since they are allowed no other income even if its not from work, I mean the only income they should be allowed to count is that from Labor, aka work which is what the disabled are supposed to be unable to do, but they still count unearned income such as gifts or winnings which I think is wrong because the winnings aren't coming from them, pure and simple, anyway congress does just decide instead of taking a pay cut they think 174,000 a year isn't enough to live on for them... Bull****
if someone is on disability is their ssi based on what they've payed in? or what they' would have payed in if they were working?
if someone is on disability is their ssi based on what they've payed in? or what they' would have payed in if they were working?
Neither. SSI is "Supplemental Security Income". SSI is not "Social Security", although the program is administered by that agency. An SSI recipient must not only be disabled, but cannot have "excess" income or assets. It is truly a welfare program for the disabled.
Unless a state supplements the federal amount, it is $674/mth. The benefits are NOT paid out of the Social Security Trust Funds, they are paid from general revenues.
Last edited by lenora; 10-02-2011 at 10:35 AM..
Reason: cleaned up.
The Social Security COLA's are determined by formulas produced by the Bureau of Labor Statistics, which the Social Security Administration then implements when they disburse benefit payments starting with the new calendar year. This whole process follows Social Security law, and the particular law under which the process now operates was passed quite a few years ago by Congress and signed into law by whomever was President at the time. The current Congress and the current President have not come to any determination about COLA's one way or the other, except to the extent that they did not pass a new law to change the existing law. If you want to criticize the current President/Congress, then you can say something like, "They should have passed a new amendment to the Social Security Act because I don't like part of it the way it stands now." But it would be highly unrealistic to expect them to take up that political football every single year just to provide people with the COLA which would make most of them happy.
Neither. SSI is "Supplemental Security Income". SSI is not "Social Security", although the program is administered by that agency. An SSI recipient must not only be disabled, but cannot have "excess" income or assets. It is truly a welfare program for the disabled.
Unless a state supplements the federal amount, it is $674/mth. The benefits are NOT paid out of the Social Security Trust Funds, they are paid from general revenues.
thanks for that info. was wondering if that post would get poofed away as being off topic.
to be honest they do just decide cause they lie and say the inflation is down when its Higher than a kite and don't realize that clerical workers pay no more or no less than we on SSI. the COLA should be determined by the price of Items it takes for survival and those who are disabled should not be forced to Just barely get by since they are allowed no other income even if its not from work, I mean the only income they should be allowed to count is that from Labor, aka work which is what the disabled are supposed to be unable to do, but they still count unearned income such as gifts or winnings which I think is wrong because the winnings aren't coming from them, pure and simple, anyway congress does just decide instead of taking a pay cut they think 174,000 a year isn't enough to live on for them... Bull****
This is strictly your opinion and personalized to what you see as an injustice.
The CPI is determined by statistical methods, that were put in place long before any current politicians were in office.
It's a scorecard, and if at the end of the game you're a loser, no one is going to change the scoring method to make you a winner.
One of the topics discussed in various Social Security reform plans, is using a CPI formula that results in a reduction of COLA's. Look for your little COLA problem to possibly get worse.
The House won't approve any increase, we will be lucky to keep what we have with them around
I believe they will after seeing what happened to Perry in the polls after he criticized Social Security. They now realize that the "third rail" is still hot.
At any rate the law isn't going to be changed in the next two weeks. The 2012 COLA will be determined October 19. Absent some extreme abnormality with the September inflation data, the raise will be in the 3.3-3.7 percent range.
I really do hope there is a Soc. Sec. COLA for 2012. If there is one, then we won't have to listen to the moaning, groaning, and bellyaching that we have during years when there isn't one. Some people seem to think the COLA is their due in order to keep ahead, and that lack of one means they are falling behind. But actually the whole idea behind the existence of COLA's is to keep people even - neither ahead nor behind. In practice this works out imperfectly in both directions, as it is widely acknowledged that the 2009 COLA (the most recent one for Soc. Sec.) was "too high".
Well, on second thought, nothing will keep some people from moaning, groaning, and bellyaching. They will just say that the 2012 COLA (assuming there is one) is too little (regardless of how much it turns out to be) to "make up" for not having a COLA at all two years running. Mark my words.
For those who do not need SS, like yourself, it's "moaning, groaning, and bellyaching."
For those who essentially do, even partially to live on, there is legitimate concern and hope. That said, considering the state of our country's debt load, any increase at all would be surprising.
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