Cumberland Times-News

Opinion

October 16, 2013

A pittance

Social Security cost adjustment not enough

Ask virtually any senior citizen about the cost of health care and they will tell you the amount they pay out increases significantly from year to year. That is why the 1.5 percent increase in Social Security benefits expected next year will do little to help the plight of older Americans.

The 1.5 percent increase is based on preliminary figures used to determine the cost-of-living adjustment for Social Security recipients, disabled veterans and federal retirees.

Nearly 58 million retirees, disabled workers, spouses and children get Social Security benefits. The average monthly payment is $1,162. A 1.5 percent raise would increase the typical monthly payment by about $17. The COLA also affects benefits for more than 3 million disabled veterans, about 2.5 million federal retirees and their survivors, and more than 8 million people who get Supplemental Security Income, the disability program for the poor.

The 2014 raise will be among the smallest since automatic increases began in 1975, according to an analysis by The Associated Press. The COLA is usually announced in October to give Social Security and other benefit programs time to adjust January payments. The Social Security Administration has given no indication that raises would be delayed because of the shutdown, but advocates for seniors said the uncertainty was unwelcome.

Advocates for seniors say the government's measure of inflation doesn't accurately reflect price increases older Americans face because they tend to spend more of their income on health care. Medical costs went up less than in previous years but still outpaced other consumer prices, rising 2.5 percent.

"This (COLA) is not enough to keep up with inflation, as it affects seniors," Max Richtman, who heads the National Committee to Preserve Social Security and Medicare, told the AP. "There are some things that become cheaper but they are not things that seniors buy. Laptop computers have gone down dramatically but how many people at 70 are buying laptop computers?"

Once Congress gets its financial house in order — and heaven knows when that will occur — lawmakers should take a hard look at whether the COLA adjustments for senior citizens take into account the expensive health care bills older Americans have to pay annually.

1
Text Only
Opinion
  • Support Canal classrooms with tax-deductible gift

    While your April 17 article (“Park Service opens Canal classrooms,” Page 1A) described this exciting program accurately, your readers may be wondering how they can help support this new educational opportunity for school children in Allegany County.

    April 18, 2014

  • Ivan Hall story brings back memories of a unique man

    I enjoyed Mike Sawyers’ Ivan Hall story. It was well written and brought back some wonderful memories of my Cumberland days and especially, an unique man.

    April 18, 2014

  • It’s a secret It’s a secret

    Could someone enlighten us about why not even the names of the two entities bidding on development of the Footer Dye Works building can be divulged?
    A Times-News article about the bids included an explanation from a lawyer for the attorney general’s office about the need to keep the names and other information secret at this time. Despite that, the logic of not divulging at least a little more information escapes us.

    April 17, 2014 1 Photo

  • What do we do about those who weren’t criminals after all?

    Now that Maryland has become the 17th state to (finally) decriminalize possession of marijuana, one could say that the legislature and governor should be patted on the back for doing the right thing.

    April 17, 2014

  • The first step The first step

    If all goes as planned, Frostburg State University will one day offer a doctorate in nursing, a physician’s assistant program and a new health sciences building on campus.

    April 15, 2014 1 Photo

  • Translations differ, but the message is eternal

    This letter is in response to a recent letter titled “One cannot compromise on God’s word” (April 13 Times-News). I had previously written a letter titled “Why are compromises so difficult to achieve” (April 7).

    April 15, 2014

  • Closing the loopholes will help clear the regulatory waters

    After a decade of uncertainty over Clean Water Act jurisdiction following Supreme Court challenges in 2001 and 2006, the Environmental Protection Agency and Army Corps of Engineers announced a forthcoming administrative rule to close enforcement loopholes, restoring protections to 20 million acres of wetlands, more than half the nation’s streams, and drinking water for 117 million Americans.

    April 15, 2014

  • The first step Remember where your freedom comes from before criticizing

    The deal at Fort Hood could have been avoided if it was caught in time.
    When you think a GI is not acting right, have him or her checked out before you put them back on duty and give them a weapon. Post-traumatic stress disorder is a serious and dangerous problem if it is not taken care of right away.

    April 15, 2014 1 Photo

  • Where to look Where to look

    Drive anywhere in Maryland and it seems there is one highway construction project after another. While it is good to see our roads and bridges being upgraded, it can be nerve-wracking for anyone traveling a long distance.

    April 14, 2014 1 Photo

  • Midterm elections give chance to return to American values

    A movement has been started by veterans of our armed forces to get out the vote in 2014. That includes Coast Guard and Merchant Marine personnel for those not familiar with the history of both and their sacrifice. This is no small special interest  group, but many millions of Americans who can have an enormous impact on the  outcome of the November election if they all respond.

    April 14, 2014