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The Latest Breaking News from Social Security

‘Firebrand’ Missourian shakes up Ways and Means race - Roll Call

Rep. Jason Smith invokes a populist image for the GOP as he seeks the top Republican spot on the House Ways and Means Committee.

Roll Call

Social Security recipients expected to get big benefit boost

Millions of Social Security recipients will soon learn just how high a boost they’ll get in their benefits next year

The Independent UK

Social Security Payments Are Going Up a Lot, But Maybe Not Enough

A calculation for the cost-of-living adjustment (COLA) due to high inflation during 2022 will result in larger Social Security checks in 2023.

The Street

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Social Security recipients will likely get the biggest payment boost in more than 40 years

Prices have risen at a blistering pace — a huge blow for Social Security recipients facing rising costs for food, medical care and other expenses.

Axios

EXPLAINER: A huge jump in Social Security payments is coming

Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes

The Independent UK

GOP heading toward another shutdown

Republicans love chaos — and apparently they love losing too. One of these days their antics will mean catastrophe

Salon

Nebraska policy wonk makes pitch for top Ways and Means slot - Roll Call

While Rep. Adrian Smith brings experience and policy chops, his competitors have won more buzz in the race so far.

Roll Call

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Social Security Advisory Committee to face questions on DWP managed migration process to Universal Credit

DWP will transfer 2.6 million people on legacy benefits to Universal Credit by the end of 2024.

Daily Record

LAUSD cyberattack woes and uncertainties could be long-lasting, experts say

LOS ANGELES — Retirees from the Baltimore school system are having trouble with pension and health care payments two years after a ransomware attack. The identity of a child in Toledo, Ohio, is being used to apply for credit months after a cyberattack on schools there. A midsize Texas school…

Los Angeles Times

ActionAid to hold convention in Bengaluru, release report on choultry workers on October 11

ActionAid Association focused its intervention on the social security and working conditions of unorganised labourers in seven wards of Bengaluru

The Hindu

Report calls for 21 DWP Universal Credit changes in radical shake-up

It is described as fundamentally flawed

Nottingham Post

The 21 Universal Credit changes proposed as union calls for benefit shake-up

A brand new reports has claimed that the Universal Credit benefit is fundementally flawed, and the entire system is in need of a major overhaul from the Department for Work and Pensions.

Glasgow Live

Disability program riddled with problems

The federal Social Securities Income program is leaving many without monetary aid that matches inflation costs

Salon

How inflation could lower your taxes

COLAs were barely noticed in the era before high inflation, but are now crucial for Americans coping with price increases.

Axios

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The Independent UK

Arizona Senate debate gives Masters a chance to reset race

Republican Blake Masters has a much-needed chance Thursday night to reset his Arizona Senate race against Democratic Sen. Mark Kelly in the campaign’s only televised debate

Daily Record

People on PIP or DLA moving to new disability payments may see other benefits stop

If you do not report the change to DWP, HMRC or local council, other payments may automatically stop.

Daily Record

People urged to talk about benefit payments to prompt friends and family to check eligibility for similar support

Families are being encouraged to discuss social security payments to help others claim benefits.

ABC News

Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. Is that correct?

Cabinet minister Murray Watt says the government is providing the largest cost-of-living increase to welfare recipients in 30 years. RMIT ABC Fact Check investigates.

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Los Angeles Times

Think retirement is out of reach? Here's what you need to know

The pandemic caused tectonic shifts in the job market as workers young and old quit and searched for something better — in their work or in their life. According to the Pew Research Center, a little more than half of adults ages 55 and older had ditched the grind by…

Los Angeles Times

Can most Californians even afford to retire?

Steven Johnson spent 19 years as a minimum wage laborer for a Los Angeles moving company, lifting heavy furniture and suffering three hernias along the way.

The Hindu

Centre should give weekly money to needy families across India as social security: Gehlot

Mr. Gehlot said that the Centre should learn from States and implement their schemes at the national level

Daily Record

Scots urged to check if they are eligible for new benefits to ease cost of living crisis

Scottish Government ministers are asking people to check what they could claim for under powers devolved to Holyrood.

Los Angeles Times

Michael Hiltzik: Young people need to fight for Social Security — now more than ever

One almost has to admire Republicans for the tenacity and determination with which they keep coming up with new ideas for hobbling Social Security.

Investors Business Daily

$100,000 Retirement Income From Mutual Funds

Want $100,000 of annual retirement income? Without cannibalizing your principal? We can show you mutual funds that can get the job done.

Chicago Sun-Times

Medicare Part B fees next year will go down for the first time in a decade

The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits — perhaps 9% or 10% — putting hundreds of dollars into the pockets of millions of people.

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