Unfortunately the Democrat-controlled Senate has rejected a measure by a 50 to 47 vote that would have given seniors a one-time Social Security benefit payment of $250 to make up for the lack of a cost of living increase.
WILL THERE BE A 4TH STIMULUS CHECK FOR SENIOR CITIZENS UPDATE
Update : See the recently announced 2011 Social Security Income (SSI) Payments The Social Security Administration (ssa.gov) site is responsible for making these payments and is where you should check the official status of your missing or late SSI payment(s). On a related topic, there is still a lot of confusion on past (2008, 2009) one time bonus SSI payments. All Members of Congress should join us in supporting this legislation which will be fiscally responsible and upholds our bedrock promise of economic security for our nation’s seniors” “Passing this bill will ensure that the lack of cost-of-living-adjustment will not jeopardize seniors’ ability to survive on their benefits. “In this economy, seniors are struggling to make ends meet,” Congressman Pomeroy said. Seniors and others receiving benefits face ongoing struggles to meet these costs given the modest level of their benefits, amounting to only $14,000 annually, on average. Individuals receiving Social Security benefits have seen everyday expenses for drugs, medical care, utilities, housing and food increase while Social Security benefits have remained unchanged. Congressman Pomeroy received assurances today from Speaker of the House Nancy Pelosi, and Ways and Means Chairman Sander Levin that this bill will be brought to the House floor and passed when the House reconvenes in November 5987, in July, and has since worked to ensure that this bill will be enacted before the end of the year. Congressman Pomeroy introduced the bill, H.R. The Seniors Protection Act of 2010 will provide a $250 payment to about 54 million Social Security recipients.
With the hundreds of comments on this topic, people are clearly upset about not receiving the bonus SSI payment or a COLA increase yet again.įortunately, Ways and Means Social Security Chairman Earl Pomeroy recently announced that the House will take up the Seniors Protection Act when Congress reconvenes later this year. Clearly our senior citizens are being hit hard, which places more pressure on Congress to approve a 2011 Bonus SSI payment (supported by the Obama administration). The Social Security administration recently announced that there would be no 2011 COLA increase, meaning the monthly SSI payments in 2011 would remain unchanged for the second year in a row. Congress really should have found a way to provide the $250 SSI payment to those seniors who truly need the money, instead of tax cuts for the super-rich. While many seniors could easily survive without the $250, there are also millions of seniors who are struggling to make ends meet (just see the comments below in response to this article), particularly if they have high medical or disability costs.
Many believe that the $250 payment would have been a good economic stimulus payment, since there’s a good chance that most of the $250 would be spent immediately. But many seniors are feeling the pinch of inflation, especially around medical services - a big-ticket item for seniors. The cancellation of a $250 SSI payment in 2010 was justified on the basis of low inflation (see update below).
Congress officially nixed a one-time payment of $250 in 2010 to Social Security recipients who haven’t received cost of living adjustments (COLA) since 2008. Get the latest money, tax and stimulus news directly in your inbox It covers how prior ones were paid, and when or if another round of payments will be made in the coming months.Īt this stage no new stimulus checks are being issued by the federal government, but some states are sending inflation relief payments. See this article for the past and potential stimulus check payments, including those for seniors. Approximately 5 million, or three out of five seniors who qualify to receive SNAP are missing out on benefits.
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