Sunday, October 18, 2009
No Social Securty Increase for Senior Citizens
I decided to write about the impending change regarding social security (SS) payments. During this week, the government has decided not to increase social security checks due to inflation rates in 2010. According to the article, for the past three decades an inflation increase is administered every year. However, each beneficiary will get a check for $250 and will benefit retired public employees who don't get benefits such as this. This action is similar to the stimilus checks that were given to individuals on social security that file their taxes. I liked this article because even though it does not directly imply that it will affect elderly persons health status, it can easily influence whether they can seek medical attention or receive medication. If the government did decide to deny inflation based increase and inflation for that year did increase then there would actually be a problem since it would affect elderly persons purchases. Since the usual amount of SS payments are not sufficient for most elderly households it can cause undue stress to await changes regarding your monthly payments. Hopefully, in the future the payments remain constant and do not get reduced to a lower amount.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment