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  1. #1
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    I know about COLA.

    Quote Originally Posted by GeoFisher View Post
    The biggest thing you miss is the fact that NO ONE is touching Medicare and Social Security.

    What you miss is that the Senior Citizen voting block is one of the largest voting blocks out there. Senior citizens are living longer than ever before, and that voting block is growing steadily.

    THEY will vote for the money, especially if they are on Medicare and Social Security.

    Democrats quite effectively use scare tactics to scare seniors like you into believing those evil republicans are gonna take Social Security and Medicare away. In reality, YOU JUST GOT the largest raise in Social Security ever. And guess what Biden or Trump or republican or democrats didn't do that........IT is a triggered COLA.

    "
    History of Automatic Cost-Of-Living Adjustments (COLA)
    The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the last year a COLA was determined to the third quarter of the current year. If there is no increase, there can be no COLA.

    The CPI-W is determined by the Bureau of Labor Statistics in the Department of Labor. By law, it is the official measure used by the Social Security Administration to calculate COLAs.

    Congress enacted the COLA provision as part of the 1972 Social Security Amendments, and automatic annual COLAs began in 1975. Before that, benefits were increased only when Congress enacted special legislation.

    Beginning in 1975, Social Security started automatic annual cost-of-living allowances. The change was enacted by legislation that ties COLAs to the annual increase in the Consumer Price Index (CPI-W).
    "
    We worked hard to earn those benefits for SSA and SSI. I get both. SSI is only 4 dollars. It used to be 5 dollars but it was cut down to 4 when I got the last SSA raise due to COLA. You can't make this stuff up.

  2. #2
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    Quote Originally Posted by Moveon View Post
    We worked hard to earn those benefits for SSA and SSI. I get both. SSI is only 4 dollars. It used to be 5 dollars but it was cut down to 4 when I got the last SSA raise due to COLA. You can't make this stuff up.

    I’m retired army, disabled, on Soc Sec and “ Medi-careless” .

    I still pay for my own Pepsi and bottled water......and you mean to tell me I should be getting free Cola???

    Man I guess I’m screwed.......
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  3. #3
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    You get VA benefits don't you

    Quote Originally Posted by ZoraSpook View Post
    I’m retired army, disabled, on Soc Sec and “ Medi-careless” .

    I still pay for my own Pepsi and bottled water......and you mean to tell me I should be getting free Cola???

    Man I guess I’m screwed.......
    My cousin is retired Navy and now working for the Army. He retired at 58 and was bored so he now works for the Army Corp of Engineers. Salute.

    You don't need Medicare as you already have another Government sponsored medical program with VA. Right? You earned those benefits btw. So did I when I worked for 40 years and now get Medicare. I'm not going to be around much longer as I know have congestive heart failure and can't really do much physical activity. My heart is giving out. I had a major heart attack back in 2009 and had to have open heart surgery. I had 4X CAB, Maze, and Mitral Value repair. I spent 37 days in the hospital due to a MRSA infection. I survived that ordeal. Last year I had a catheter sent up my left arm into my heart and they found out that two of my bypasses had failed. And this past month my heart started giving out. I'm down to 20% efficiency in my left ventricle. And I also have Stage 3b kidney failure. So you won't have me around to play with much longer.

  4. #4
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    Quote Originally Posted by Moveon View Post
    My cousin is retired Navy and now working for the Army. He retired at 58 and was bored so he now works for the Army Corp of Engineers. Salute.

    You don't need Medicare as you already have another Government sponsored medical program with VA. Right? You earned those benefits btw. So did I when I worked for 40 years and now get Medicare. I'm not going to be around much longer as I know have congestive heart failure and can't really do much physical activity. My heart is giving out. I had a major heart attack back in 2009 and had to have open heart surgery. I had 4X CAB, Maze, and Mitral Value repair. I spent 37 days in the hospital due to a MRSA infection. I survived that ordeal. Last year I had a catheter sent up my left arm into my heart and they found out that two of my bypasses had failed. And this past month my heart started giving out. I'm down to 20% efficiency in my left ventricle. And I also have Stage 3b kidney failure. So you won't have me around to play with much longer.
    Truely sorry for your situation. We go back and forth on this site........all the time, but I don't wish anyone ill will.

    The 37 days in the hospital with MRSA that crap isn't anything to joke with. I fought about of MRSA a decade ago, and you never want it.

    Later,

    Geo
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  5. #5
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    Quote Originally Posted by Moveon View Post
    We worked hard to earn those benefits for SSA and SSI. I get both. SSI is only 4 dollars. It used to be 5 dollars but it was cut down to 4 when I got the last SSA raise due to COLA. You can't make this stuff up.
    Social Security and Medicare are benefits we PAY for.......I'm glad we have it, as some people exclusively rely on those benefits.

    I've worked on the premise that I will not get much in Social Security. In reality I will draw quite nice from it, and my wife too, as we've both worked nearly 40 years, and have paid in at a hefty rate. I will draw more than I ever paid into it, and have always said that I should be able to opt out and invest it myself.

    As it is, I will rely more on my personal investments, which I have also contributed to for dang near 40 years.

    Bottom line........social security and medicare will not go away, not in my lifetime at least.

    And I also don't see it paying less benefit in general.

    I will tell you , I will be pissed off when we HAVE to lower the benefit based on a progressive scale, because like all progressive scales our GUBMENT comes up with, I will be majorly screwed in the backside.

    Later,

    Geo

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