The bill would increase benefits for certain public workers. Legislation advanced in the House Ways and Means Committee would eliminate rules that reduce Social Security benefits to persons…
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Bill Would Add $200 Each Month to Social Security
Plan would also give program a financial “shoring up.” Representative Peter DeFazio of Oregon and Senator Bernie Sanders of Vermont introduced the Social Security Expansion Act. Social Security recipients…
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Social Security Checks Could See Big Increase
Experts say checks could jump 8.6 percent. Seniors and other people who rely on Social Security benefits could see their biggest cost-of-living adjustment since 1981 next year, with…
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Justice Department Settles Discrimination Case
UPS will pay penalty and update employee training protocol. The Department of Justice announced a week ago that the United Parcel Service Inc. (UPS) settled a civil action…
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U.S. Supreme Court Denies Federal Benefits to Puerto Rico
Thursday’s decision rests on definitions of state vs. territory. The U.S. Supreme Court ruled last week that the United States is not legally obligated to include Puerto Rico…
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VA Seeks to Reintegrate Formerly Incarcerated Veterans
Partners with Social Security and Bureau of Prisons. The Department of Veterans Affairs announced last week the expansion of outreach to help formerly incarcerated veterans reintegrate into society.…
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Medicare Part B Premiums to Increase
Deductibles will be higher as well. The Centers for Medicare & Medicaid Services announced the standard premium for Medicare’s outpatient care coverage will jump by 14.5% for 2022. The number…
Read More2022 Social Security Benefits Getting a Boost
The increase is the largest in nearly four decades. Roughly 70 million Social Security beneficiaries will see a 5.9 percent increase in their payments beginning next year. The…
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Social Security Cost of Living Benefit Increased for 2022
5.9% increase aims to address rising inflation. The Social Security Administration announced on Wednesday that it would be increasing its cost of living adjustment (COLA) by 5.9% in…
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Social Security Reserves Estimated Depleted by 2033
Coronavirus pandemic accelerated depletion by one year. The Social Security trust fund for retirement and survivors benefits is estimated to have its reserves depleted in 2033, which is…
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