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As regular readers of SS&Y are aware, the Social Security Administration administers 2 trust funds. The Old Age Survivors Insurance (OAS’) fund pays retirement benefits. The Disability Insurance fund (DI) pays disability benefits. When Congress passed and President Obama signed the Bipartisan Budget Act in November of 2015 to reallocate current contributions between the OASI…
a year+ ago -
The Social Security Administration has announced there will be no Cost of Living Adjustment in 2016 for the nearly 65 million Americans drawing Social Security disability, retirement or SSI benefits. This is because there was no inflation between the third quarter of 2014 and 2015 as measured by the Consumer Price Index for Urban Wage…
3+ years ago
News
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Spring-Summer 2015 Newsletter SSDI Insolvency Looms We’ve known it’s been coming for some time and now it’s on our doorstep. Unless Congress acts the Social Security Disability Insurance Trust Fund (DI Trust Fund) will become insolvent late next year and unable to pay full benefits any longer. Millions of Americans who rely on their disability checks for most, if not all,…
3+ years ago -
Fall 2014 Newsletter OBAMACARE UPDATE On October 1st it will have been a year since enrollment began in the Affordable Care Act national health insurance program known as Obamacare. The difficulties in the early weeks and months have been well documented. But where are we a year later… Read the Newsletter in PDF format. Read the Newsletter in PDF…
3+ years ago
STUDY REVEALS DISTRIBUTION OF DISABILITY & SSI BENEFITS BY STATE
The Center on Budget and Policy Priorities issued a study last year of the receipt of SS disability & SSI benefits by state. While 6% of the population receive one of the 2, nationwide, there is a wide variance by state.
Over 11% receive benefits in Kentucky & West Virginia and over 9% in Arkansas, Mississippi, Alabama and Maine. The study pointed to lower education levels in those states, as well as an aging work force. Both impact on allowance rates through the Medical-Vocational Guidelines or “grids”.
| < previous COMPASSIONATE ALLOWANCE CONDITIONS INCREASE | next > CONGRESS HOLDING HEARINGS ON SOCIAL SECURITY DISABILITY PROGRAM |
Call today if you have questions about the Michigan Social Security Disability Attorney and Lawyer Services provided by William Crawforth.
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