Posted on 08/17/2022 6:24:36 AM PDT by Red Badger
The first half of a massive double Social Security payment for September is set to go out in just 16 days.
The first payment for eligible individuals, worth $841, will arrive on Sept. 1, while the second one, worth the same amount, will be given at the end of the month. Because some months start on a Sunday, there are three months in 2022 that gave or will give recipients a paycheck twice in one month. The three months are April, September, and December.
However, the funds do not change the total amount a person gets. The Social Security benefit on Sept. 30 will replace the disbursement on Oct. 1. Likewise, the one on April 30 replaced the May 1 payment.
Social Security will be unable to pay out full benefits by 2035 without action from Congress, according to Social Security trustees. However, Reps. John Larson (D-CT) and Pramila Jayapal (D-WA) have called for a vote in Congress to extend Social Security benefits this fall by agreeing to the Social Security 2100 bill, which would increase all checks by 2% of the average benefit, according to CNBC.
“It’s long overdue that we make sure that we’re enhancing a program that they need, especially during this pandemic,” Larson told the outlet of the program’s beneficiaries.
Other changes proposed in Larson's bill would include increasing benefits for widows and widowers, applying caregiver credit to people who do not work in order to care for children and other family members, and extend benefits for students up until the age of 26. The funds for the bill would come from taxes on those who make more than $400,000 a year, the bill proposes, according to CNBC.
That’s for sure.
https://thecollegeinvestor.com/33875/ss-vs-ssi-vs-ssdi/
Vote buying.
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You'll be fine. If you get your checks on the 3rd, you are getting Social Security, either Retirement, Survivors, or Disability benefits, aka RSDI. This article is about SSI, not RSDI.
SSI is NOT funded from Social Security coffers. It’s funded out of the general fund. It IS ADMINISTERED by SSA, however.
Precisely so. RSDI (Retirement, Survivor, and Disability Insurance) and SSI (Supplemental Security Income) are both administered by the Social Security Administration, but they are NOT the same program, at all. Different rules, different funding sources, etc.
The best explanation I've ever heard is that it's like a college that has a football team and a basketball team. They're both (insert mascot name here,) both are sports, the idea in both is to score more points than the other team, but there the similarities end. The rules for football and basketball are completely different. So it is with RSDI and SSI. SSA administers both programs, but the funding and the legal rules for each program are completely different.
SSI is nothing but a welfare scheme
Again, precisely so. It's a welfare program, administered by SSA, for people who are blind, disabled, or over age 65, without regard to their work history.
"Disabled' applies to most democrat pet victim groups... drug addicts, alcoholics, criminals. There's rumors half of Chicago's South Side collects disability.
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