Tag: Social Security
The brief’s key findings are: The Census Bureau just reported a big jump in the poverty rate in 2009. But poverty rates actually fell for those over 65 as: Social Security recipients got a large cost-of-living adjustment and a one-time stimulus payment; and the poverty threshold dipped due to lower inflation in 2009. This situation…
The brief’s key findings are: The 2010 Trustees Report had no surprises – Social Security still faces a modest deficit of 2 percent of payroll, which is newsworthy given the economic crisis. The recession has had some shorter-term effects: prices are still below their 2008 levels, so beneficiaries are not expected to receive a COLA…