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To: martinidon

SS does not have annual increases. Increases are based on some arcane determination of cost of living increases.


48 posted on 09/29/2013 7:20:15 PM PDT by luvbach1 (We are finished.)
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To: luvbach1

My last increase came to about $2.54. I’m still trying to figure out what to spend it on. Maybe a cruise....to the next block!!!


50 posted on 09/29/2013 7:22:33 PM PDT by ontap (***)
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To: luvbach1
SS has COLA (cost of living increases. Since 1998 SS benefits have increased every year except 2010 and 2011. Of course I am using 1998 which would be the earliest yr this guy could have retired. It also assumes he maxed out his SS every year. I think the author of this article has an agenda....
January 1998 — 2.1%
January 1999 — 1.3%
January 2000 — 2.5%(1)
January 2001 — 3.5%
January 2002 — 2.6%
January 2003 — 1.4%
January 2004 — 2.1%
January 2005 — 2.7%
January 2006 — 4.1%
January 2007 — 3.3%
January 2008 — 2.3%
January 2009 — 5.8%
January 2010 — 0.0%
January 2011 — 0.0%
January 2012 — 3.6%
January 2013 — 1.7%
64 posted on 09/29/2013 7:38:18 PM PDT by martinidon
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