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Retirement and Social Security Issues
By AEI Staff
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AEI People and Programs
Friday, October 30, 2009
This issue covers the health care debate, the Legatum Institute's Prosperity Index, the swine flu and more.
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Seniors are experiencing a different recession than the rest of us.
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By exposing more of Americans' incomes to payroll taxes, the Baucus bill increases the Social Security surpluses and makes the on-balance budget appear more balanced.
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Newt Gingrich's response to the question of whether Congress should fulfill President Obama's request that it provide a one-time payment of $250 to Social Security recipients to offset the absence of a cost-of-living adjustment this year.
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The inflation seniors experience is far more similar to that felt by other Americans than it is different.
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By AEI Staff
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AEI People and Programs
Friday, October 16, 2009
This issue covers the COLA controversy, Wall Street, Vaclav Havel and more.
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The Social Security Administration announced today that, for the first time since the 1970s, no Cost of Living Adjustment (COLA) to retirement benefits will be paid in January 2010.
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AEI Online
Tuesday, October 13, 2009
A Social Security quirk will reduce payments for retirees born in 1947 due to Cost of Living Adjustments and could cause a typical sixty-two-year-old couple to lose almost $25,000 in benefits over their lifetimes.
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It is time for Congress to adjust the Social Security benefit formula to make sure that neither unintended windfalls nor penalties take place.
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Making a cost-of-living adjustment (COLA) to Social Security benefits might actually be detrimental to retirees, not helpful.
[Read more]
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