The just released Social Security Trustees Report for 2015 contains the following statement:
The annual cost-of-living benefit increase percentages. The automatic cost-of-living adjustment provisions in the Social Security Act specify increases in OASDI benefits based on increases in the CPI. Volatility in oil prices has resulted in substantial volatility in recent cost-of-living adjustments. A large cost-of-living adjustment in December 2008 was followed by no cost-of-living adjustments in December 2009 and December 2010. More recent volatility in oil prices has again affected the CPI. As a result, projections under the intermediate and high-cost assumptions do not have a cost-of-living adjustment for December 2015. Under all three sets of economic assumptions, the projections include annual cost-of-living adjustments in all future years after 2015.


Well, I guess none of us will be buying eggs, meat paying for car gas and electricity bills that keep us hostage with our DLA (Daily Living Activities)and trying to enjoy the senior life that we are so lucky to have achieved With trying to get a Tetanus shot and shingles shot the cost of co-pay is $40 now where is that supposed to come from since Medicare HMO’s have raised their Tier levels of costs per procedure, These are doctor ordered after a wellness visit that are necessary In trying to appeal, the plan turns a person down, so what’s the use. no gardening, if you had chicken pox forget it as one is probably going to get shingles as we can’t afford to get the shot, ,So we are doomed to stay home since we can’t afford to go anywhere since all the bills are so escalated that there isn’t anything left in the budget, and using credit cards is out of the question with interest rates in the 20’s that no one ever addresses on these zero interest for a year and then over 20% thereafter. So, seniors, we might as well know that our only chance of survival is to stay at home, don’t eat, don’t put your air on, and remember when you are voting to ask questions about a person’s empathy for seniors trying to make it in the community before you vote the person in to Congress.,
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This is a bunch of bull…u people in washington..better find the monies..to make sure that there is a COLA…us regular people..need this money..why dont u stop wasteful spending..and give it to the people where it belongs
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