[Missouri-l] Fw: [Leadership] Social Security Changes for 2010

[Chip Hailey]

----- Original Message ----- 
From: Eric Bridges 
To: leadership at acb.org 
Sent: Friday, October 16, 2009 11:56 AM
Subject: [Leadership] Social Security Changes for 2010


 

 

 

Cost-of-Living Adjustment (COLA):

 

Monthly Social Security and Supplemental Security Income (SSI) benefits will not automatically increase in 2010 as there was no increase in the Consumer Price Index (CPI-W) from the third quarter of 2008 to the third quarter of 2009. See USA Today news story, dated October 14,  below.

 

 

Eric 

 

Social Security Disability Thresholds

Substantial Gainful Activity (SGA)

Non-Blind 2009:$ 980/mo.; 2010: $ 1,000/mo.--an increase of $20 per month

Blind 2009: $1,640/mo.; 2010: $1,640/mo.* 

Trial Work Period (TWP) 2009: $ 700/mo.; 2010: $ 720/mo--an increase of $20 per month

 

SSI Federal Payment Standard:

Individual 2009: $674/mo.; 2010: $674/mo.*

Couple 2009:$1,011/mo.; 2010: $1,011/mo.*

 

SSI Student Exclusion:

Monthly limit 2009: $1,640; 2010: $1,640*

Annual limit 2009: $6,600; 2010: $6,600* 

 

* Because there is no COLA, by statute these amounts remain unchanged in 2010.

 

>From USA Today

Oct 14, 2009

Obama proposes an extra $250 for Social Security recipients

 

President Obama has proposed an extra $250 for senior citizens, veterans, and people with disabilities, calling it an addition to his stimulus bill "on behalf of those hardest hit by this recession"

 

"These payments will provide aid to more than 50 million people in the coming year, relief that will not only make a difference for them, but for our economy as a whole, complementing the tax cuts we've provided working families and small businesses through the Recovery Act," Obama said in a statement.

 

Congress must approve the payments, which would cost $13 billion, according to a White House statement. Many members of the Democratic majorities in the House and Senate have endorsed such a step.

 

The fact sheet said 57 million Americans would benefit from the proposal:

 

"These include 49 million Social Security beneficiaries, 5 million Supplemental Security Income beneficiaries, 2 million veterans benefit recipients, 0.5 million railroad retirement and disability beneficiaries, and also about 1 million public-employee retirees not entitled to any of the previous benefits."

 

 

Eric Bridges

Director of Advocacy and Governmental Affairs

American Council of the Blind

2200 Wilson Blvd. Suite 650

Arlington, VA 22201 

Phone: (202) 467-5081

Fax: (703) 465-5085

 



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