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Social Security benefits to increase by 19% due to flat COLA

Posted on November 7th, 2013 No Comments

Social Security disability benefits will increase by 19% in January as the cost-of-living adjustment released on Wednesday, October 27 indicates consumer prices haven’t gone up by much within the year, according to government officials.

The COLA has a direct effect on Social Security benefits for more than one-fifth of the country’s population, which equates to nearly 58 million Social Security recipients. Social Security makes an average payment of $1,272 a month per retired worker, meaning it will increase by $19.

Social Security benefit increases have averaged a mere 4% since 1975.

AARP, Inc. (formerly called the American Association of Retired Persons) executive vice president Nancy LeaMond said that an increase of $19 to the monthly Social Security benefits is low, and will be “quickly consumed by the rising costs of basic needs like food, utilities, and health care.”

Applying for disability benefits can be laborious and, as such, acquiring the assistance of an experienced attorney from the Law Office of Chris Mayo can be invaluable. If you live in San Antonio and need help with Social Security disability benefits, call us today at (210) 999-9999.

Improper Social Security payments made to 36,000

Posted on September 20th, 2013 No Comments

In a report released on Friday, September 13, the U.S. Government Accountability Office (GAO) showed that around 36,000 workers were wrongfully given disability payments by the Social Security Administration from December 2010 to January 2013. This resulted in an estimated $1.3 billion in improper disability payments.

Less than 1 percent of the beneficiaries and disability payments were affected by the supposed error, but GAO officials are saying this puts a dent on the SSA’s policing system. The SSA said it is 99% accurate when it comes to making disability payment but admitted even the slightest margin of error can translate to big amounts.

SSA records show that 8.2 million disabled workers received disability payments in December 2010, with the number recently growing to 9 million. In 2011, it released $137 billion in disability payments.

At the Chris Mayo Law Firm, we know that many people in San Antonio struggle to get the Social Security disability benefits that they need. Fortunately, with our help, you might be able to get the financial assistance you are seeking. Call us at (210) 999-9999 to discuss how we can help.

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Chris Mayo Law Firm 3238 NW Loop 410, San Antonio, TX 78213 USA | Phone: (210) 999-9999 | Fax: (210) 593-0002
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Chris Mayo Law Firm | 3238 NW Loop 410 | San Antonio, TX 78213 | Phone:(210) 999-9999 | Directions