Social Security
More on Social Security
Please join me, Congressman Danny K. Davis, for a vital Social Security & Medicaid Town Hall. |
Strike the Last Word – Markup Social Security Bills HR 3667 and HR 3784 – 6/7/23
I am pleased to note that the Social Security Cost of Living Adjustment announced on October 13th is 8.7% percent and will automatically increase benefits first received in January. This applies to SSI payments as well, for an average retired worker beneficiary in January. The increase in their benefit will be $140 dollars a month. This year’s 8.7% increase is the largest since 1981.
Washington, D.C. – Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (D-CT) and Worker and Family Support Subcommittee Chairman Danny K. Davis (D-IL) called for the Internal Revenue Service (IRS) and Social Security Administration (SSA) to develop a simple path forward for Social Security recipients to receive the economic impact payment.