Today’s post was shared by Jon L Gelman and comes from www.erickingson.com
For only the third time in 40 years, seniors and other Social Security beneficiaries won’t get a cost of living adjustment (COLA) in 2016. Neither will Americans who receive Veterans and SSI benefits.
There’s no benefit adjustment this year for seniors, people with disabilities, Veterans and others. That’s just plain wrong! CEO’s got a raise — seniors deserve one, too.
This is no way to treat the 152,000 Social Security beneficiaries living in the Congressional District represented by John Katko. No way to treat 60 million Social Security beneficiaries across the country, and our Veterans, who have earned these benefits through hard work and sacrifice.
That’s why I’m calling on Rep. Katko to support Elizabeth Warren’s and Tammy Duckworth’s Seniors and Veterans Emergency (SAVE) Benefits Act to give seniors and Veterans a modest one-time payment — an average of about $581. And why I’m calling him on him and Speaker Ryan to pledge that they will oppose all benefit cuts and support a more accurate way of measuring inflation so that seniors are not shortchanged. Will you join me?
Social Security beneficiaries get an average of just $15,936 a year. That represents half or more of the income for two out of three senior beneficiaries. No wonder they can’t afford to see their benefits eaten away by inflation.
We need to rewrite the rules so that seniors and working people aren’t shortchanged while the rich get…