Raise in Social Security Benefits
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(Buffalo, NY, October 19, 2004) - - If you&#39;re eligible for Social Security, Uncle Sam says expect a bigger check this year. But don&#39;t get too excited.
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Health insurance premiums for federal employees and retirees will increase by an average of 2.1 percent next year, the Office of Personnel Management announced this afternoon.
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Personal incomes rose in January at the fastest clip in a year, bolstered by bonus payments to high-income executives and pay raises for federal workers. The extra income helped support a better-than-expected rise in consumer spending.
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Changing benefits keep boomers working longer.
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It will be the first time that high-income beneficiaries will have higher premiums for Medicare coverage.
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What a difference a year makes. At the start of 2007, federal employees received an average raise of 2.2 percent, with about half receiving a 1.8 percent raise. This year, federal employees will see their pay rise by an average of 3.5 percent. About half will get a 2.99 percent raise. The differe...
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JACKSON HOLE, Wyo.  - Rising pressure on U.S.  finances from an aging population make it vital quickly fix the  social safety net with such steps as raising the age for full  retirement benefits, Federal Reserve Chairman Alan Greenspan  said on Friday.
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The standard Medicare premium will rise to $96.40 a month next year, an increase of $2.90 a month. The 3.1 percent increase is the smallest since 1999-2000.
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About 1.8 million federal employees would receive a 1.7 percent increase in their basic pay and a 0.5 percent average increase in their locality pay next year under a plan that President Bush sent to Congress yesterday, administration officials said.
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President Bush has made his ambitious proposal to revamp Social Security a priority for his second term. This is the first part of an occasional series exploring the retirement
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By George Chamberlin , Daily Transcript Financial Correspondent. Rising residential real estate values have been a blessing for many households.
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What's behind the President's ideas for Social Security
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SAN FRANCISCO (CBS.MW) -- Older Americans&#39; Social Security checks will rise by about $25 on average next year, the Social Security Administration announced Tuesday.
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New laws affecting your youngsters could increase your family's tax bill.
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The nation's 47 million Social Security recipients got a bit of good news yesterday: their checks next year will increase 2.7 percent, or an average of $25 thanks to the program's annual cost-of-living adjustment. But looking further into the future, the news is less encouraging. A trio of forces -- higher taxes, rising medical costs, and a mandated increase in ...
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The debate in Washington, DC, has started over the reformation of Social Security. The 1935 plan of President Franklin D. Roosevelt is a safety net Americans have come to depend on.
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Health care costs have risen much faster than the increases in social Security benefits, says John Kerry. He says the elderly of America will have a much better deal if he becomes President.