Social Security COLA 2012

Article Link: Cost-of-Living Adjustment (COLA) Information for 2012

Article Snippet: "...Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase 3.6 percent in 2012..."

Reference: ssa.gov

Social Security 101

"...In 1935, Congress passed and President Franklin D. Roosevelt, a Democrat, signed into law the Social Security Act. The program to pay income to retired workers was born out of the devastating effects from the Great Depression. Millions of Americans lost their jobs, savings disappeared, and the many of the elderly were left without money to live on..."

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