Can anybody explain me why the SS benefits are not going to increase for 2010?

Regards,

Antonio

The increases are based on the cost of living , thus its called a " COLA" cost of living allowance, the last year the cost of living actually went down so no raise. OK?

the increases are based on the cost of living , thus its called a " COLA" cost of living allowance, the last year the cost of living actually went down so no raise. OK?

When was this law established?

I'm thinking 1975, but you can read here for more info

Information About 2010 Social Security Cost-of-Living Adjustment (http://www.ssa.gov/cola/)

I've read everything I could on that subject. They decided against the raise in SSR benefits back in May, 2009. I am firmly of the belief that this money that should have been paid in SSR benefits is being used to fund the wars around the world. The government has been notorious in the past for using the Social Security funds as their "piggy bank". I think that this is the case this year. Everything has gone up as usual price wise. It was just another cost saving measure on the part of the US government.

I am firmly of the belief that this money that should have been paid in SSR benefits is being used to fund the wars around the world. The government has been notorious in the past for using the Social Security funds as their "piggy bank". I think that this is the case this year. Everything has gone up as usual price wise. It was just another cost saving measure on the part of the US government.

Hello Twinkiedooter - I don't understand what you mean by "this money that should have been paid [emphasis mine] in SSR benefits" - do you believe that SS payments should rise even if inflation is actually negative? You say "everything has gone up as usual"," but the data says otherwise. I am pleasantly surprised that the weak-kneed politicians in Washington haven't (yet) decided to pander to this group by sending out an additional payment to retirees under the guise of "stimulus." So, hooray for "another cost saving measure on the part of the US government" - we need many, many more of them! But stay tuned - I suspect that this issue won't go away.

Hello Twinkiedooter - I don't understand what you mean by "this money that should have been paid [emphasis mine] in SSR benefits" - do you believe that SS payments should rise even if inflation is actually negative? You say "everything has gone up as usual"," but the data says otherwise. I am pleasantly surprised that the weak-kneed politicians in Washington haven't (yet) decided to pander to this group by sending out an additional payment to retirees under the guise of "stimulus." So, hooray for "another cost saving measure on the part of the US government" - we need many, many more of them! But stay tuned - I suspect that this issue won't go away.

You say things haven't gone up. Well, my house ($10 a month) and car ($12 a month) insurance went up as did my rent ($20 a month). As did the gasoline prices just recently. I am sure they don't count insurance into the equation, why should they?

Another cost saving measure? You say? I paid into this "fund" for over 44 years. My paternal and maternal grandmothers never collected a cent as they died at age 56 and 60. My paternal grandfather died at age 66. They didn't get a chance to "money grub" from the SS system.

And as for AARP that organization is a complete joke in a lot of ways. They always seem to have tons of money to keep mailing me "invitations" to join their group but I just toss that in the trash as soon as I can. I seriously doubt if they have enough money to "buy" some Senators to get this changed this year.

And sending out the $260 old folks stimulus check is worse than a joke - it's an insult.

I am sure once you reach the retirement age, Ebaines, that you will think differently having forked over lots of money for years with no hope of ever seeing it.