Only a Small Increase in Social Security Benefits Expected Next Year

Millions of Social Security beneficiaries can expect only a very small increase in monthly payments next year, the trustees who oversee the retirement and disability program said Wednesday.

The projected 0.2 percent increase in Social Security payments would come a year after beneficiaries received no increase.

By law, increases are based on a government measure of inflation, which has been low.

More than 60 million retirees, disabled workers, spouses and surviving children receive Social Sec...

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Published on June 22, 2016 09:59
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