The Big Raise
@nanette64 (20364)
Fairfield, Texas
October 25, 2016 11:58am CST
Well folks, I hate to be the bearer of bad news, but it has been released that those of us on Social Security will be getting screwed; AGAIN, in 2017. Yuppers, the raise, on average will be $3.92. That is a whopping .3% increase. This will of course be offset by the hike in premiums for Supplemental Insurance Policies.
The average monthly income for SS folks is supposedly $1305.30 (I wish); mine is $1160. Mine will be a staggering increase of $3.48.
Do you want to know whose fault this all is? Wait for it.....President Lyndon Johnson back in the mid 80's. Yup, he thought that it was a good idea to "temporarily borrow" money from the Fund. And then....
During Bush's 4-year term $211.7 BILLION dollars went to the Treasury for 'general government expenditures'. Not to us old farts who earned it; oh hell no!! And now because the government is constantly robbing Peter to pay Paul, we can look forward to these kinds of 'raises' in the future......maybe.
I'd like to see these 'politicians' (crooks) live on our salaries. And let's not forget the millions of "illegal aliens" that are on the dole either.
Puk-Puk-Puk
The typical retiree's monthly Social Security check will get only $3.92 bigger next year. That amounts to an increase of just 0.3% -- the smallest ever put in place to help cover higher prices. That's still an improvement from this year, when the lack of i
9 people like this
10 responses
@rebelann (112770)
• El Paso, Texas
9 Feb 18
Yeah, likewise here @nanette64 I never know how expensive 3 cats could be ..... I wish ma had dogs as pets instead, to me they're easier to take care of.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
9 Feb 18
It would help if I didn't have so many critters to feed too @rebelann .
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
10 Feb 18
@rebelann I've had to resort to using flour and oatmeal as litter and my cans of tuna to feed them.
1 person likes this
@Mike197602 (15505)
• United Kingdom
25 Oct 16
over here they've brought in workplace pensions where every employer has to provide a pension plan and if you pay in the employer does too.
I think it's because they recognise the state pension will be unsustainable soon.
With people living longer they're going to have to work well past retirement age.
1 person likes this
@maggie88 (53)
• Kenya
25 Oct 16
@Mike197602 mean in kenya we are having same deduction as from last year.the government must have stolen the idea from your country
@crazyhorseladycx (39509)
• United States
25 Oct 16
i find 't interestin' that folks gettin' disability through social security get way more'n those who've worked their whole lives 'til they 'came 'f age' to draw out.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
26 Oct 16
Very true @crazyhorseladycx and I question some of the legitimates of the disability.
1 person likes this
@crazyhorseladycx (39509)
• United States
27 Oct 16
@nanette64 me's well, hon. but, 's long's the laws allow such, 't'll continue to be abused...jest like the rest 'f the hand-outs. there's many who truly need the help 's they've no other way, others who jest feel entitled regardless.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
26 Oct 16
I wound up working 2 jobs most of my life @just4him . The jobs that I was 'paid under the table' is where I got thoroughly screwed.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
26 Oct 16
So many politicians are ignorant of what is actually going on @maggie88 .
@silvermist (19702)
• India
26 Oct 16
@nanette64 And all the protests and grievances will fall on deaf years.
1 person likes this
@MarshaMusselman (38865)
• Midland, Michigan
27 Oct 16
And quadruple puk. I'm trying to wait two more years to claim any of my benefits and then I'm hoping I can continue to work full-time for six additional years. If I can, I'll use my benefits to pay off consumer debt and maybe even whittle down my home equity and mortgage. Then and only then would my benefits do me much good after I retire. I won't have any IRA's to utilize or savings at this point unless things change in the next six years.
Good luck in making the funds work for you.
1 person likes this
@acelawrites (19272)
• Philippines
26 Oct 16
I hope you'll get the benefits you deserve.
1 person likes this
@JohnRoberts (109846)
• Los Angeles, California
25 Oct 16
Don't even get me started on this legal "theft" of our money.
1 person likes this
@nanette64 (20364)
• Fairfield, Texas
26 Oct 16
I think it's time for the people to rise up and create another revolution @JohnRoberts .
