Federal retirees who have grown accustomed to cost-of-living adjustments each and every January are in for a rude awakening when they get their first benefit payment in 2010. So what’s likely to happen?
Nothing. That is, no increase at all. A no-cal COLA!
Monthly payments to the millions under Social Security, federal civil service or military retirement plans will be the same next year as they are right now. However, to add insult to injury, the actual after-deductions benefit for many federal civil service retirees and their survivors will drop. That’s because health insurance premiums for federal and postal retirees (along with those for workers still on the job) will be going up next year.
full story: Mike Causey via Washington Times
DEMO-CRAPS OR RE-THUGLICANS…. ITS ALL A CROCK OF SH#T… AMERICA …LOVE IT OR LEAVE IT?… ONCE THE US CURRENCY FAILS, THE “SMART” PEOPLE WILL BE BEGGING TO GET OUT OF HERE!” BUT BY THEN IT WILL BE TOO LATE.! THE ONCE GREAT AMERICA CAN’T EVEN MANUFACTURE A PAIR OF SHOES OR A T-SHIRT ANYMORE… THIS IS WHAT WE EXCELL IN NOW:
POLITICAL CORRUPTION,WALL STREET CRIME, SERVICE INDUSTRIES THAT ONLY CREATE PAPER (INSURANCE CO.ETC)..AND OF COURSE DRUGS,VIOLENCE,GHETTOS AND HOMICIDES AND GUNS…LOOKING FORWARD TO THE FUTURE PEOPLE?
I gots mine!
Postal Queen Barney Frank has appointed an interagency task force to look into the problem. They have determined there is not a problem
The voters wanted change and thats what we got. We have an administration thats for the poor and they want more of them (to rule over). You ain’t seen nothing yet…sheeple.
And the rich keep getting richer, by taking from th emiddle and lower class, especially those on Fixed Income…Simple to do, we have no leverage, and then they want to know why there is a rise in welfare, home foreclosures, unemployment, etc…Don’t see any Politicans on welfare or unemployed..exceopt that is the one’s stupid enough to get caugh stealing or being themslves, corrupt thieves…