Social Security

Tracking the 2019 Social Security COLA

A COLA is based on the increase in the CPI-W comparing the average for July, August and September of the previous year with the current year. The three months highlighted above are those three months in 2017. The months circled in red are October and November 2017 (just the start of the new measure period). As you can see there is a slight increase, but we have a long way to get to the key months in 2018.

My guess is that 2019 will bring an increase again in the 2% range … but keep your eye on the CPI-W reported each month.

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28 replies »

  1. I think people that worked all their life and put their money into it should get the raise. Why should people that never worked a day in their life get it? They do not deserve it.

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  2. Thanks to decades of politicians for creating and sustaining the Social Security Ponzi Scheme. If the money we all paid into Soc. Sec. & Medicare had been invested conservatively in stocks and bonds for all these years and the government hadn’t spent much of the money on other projects while replacing the money we paid in with IOU’s then there would be no social security crisis today because the so-called “trust fund” would have far far more money in it (and no IOU’s) than it does today.

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    • Not accurate. The trust has been invested in treasury bonds, far more than IOUs. They pay the trust over $80 billion a year in interest which is now used to pay benefits. The bonds are also being redeemed now and used for benefit payments. The problem is not the trust, it’s demographics.

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    • social security should put a small percentage in stocks that are reliable companies that been around years in business and that they show strong growth over the years and a small percentage in every state from lottery

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  3. Look back at 1980, why can’t the American citizens that have paid into there SS get that cola raise. Why is the government giving our money to the people that haven’t put a dime into it. This is a crying same, it’s no wonder why we have so many illegal people here, Please President Trump help us out

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    • Not sure what you are referring to. Nobody who didn’t contribute to SS gets money from it In fact, some immigrants who use someone else’s SS # pay billions in taxes, but never collect a penny. You will get a COLA when the formula for the CPI-W requires it. Likely close to 3% next year.

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    • Oh shit 2% I’m buying A frigging condo with that…..But I bet the Leaches up on the hill get A nice big raise this year for doind shit.

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  4. I agree with the lady who said it doesn’t matter who is elected. Medicare will be cut in 2019 because doctors are cheats. I even had one say to me. Now that you are on Medicare, you can come in once a month. They get to charge more for we have chronic conditions. They are using the new patient portal to get more patients without paying more people. They make us come in for prescriptions because they have to – a lie because Medicare doesn’t pay doctors for prescription visits so they lie. They lie and we will be cut. Try to tell the doctor, no. I’m not coming in every 3 months and see how far you get.

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  5. They gave us an increase – then took it all back for higher Medicare premiums resulting in no increase in the monthly check – higher medicare premiums – and higher out-of pocket medical costs. Who gained here?

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    • Nobody gave and nobody took. Remember you didn’t pay the higher premiums for Medicare in the years when there was no COLA. Everything has to be paid for.

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  6. Senior Citizens that are Citizens of the United States of America should have, AT THE VERY MINIMUM, a 3.6% COLA raise for 2019, and at least that much for years to come!!! We lost out when Obama was in office. It is becoming more difficult as time goes on to even call Obama a president of the United States. He took this country down BIG-TIME. For those lefties who do not believe this or are just totally blind, do a little research!!! I too was for Obama the first three years or so, but then saw what he actually was!!!!!!!!!!!!

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    • Where will the money come from given the SS Trust is being depleted? Obama had nothing to do with the COLA. It was simply a matter of low inflation.

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      • TAKE THE MONEY FROM THE FAT CAT POLITICIANS RAISES THEY GAIN EACH MONTH/YEAR FOR ALL I CARE FOR ONE. SECOND–TAKE IT FROM THE PROGRAMS THAT PROVIDE FUNDS FOR NON-WORKING INDIVIDUALS THAT GAIN FINANCIAL ASSISTANCE EACH MONTH BUT YET SMOKE, DRINK BEER AND CROWN ROYAL, DRIVE BMWs, MERCEDES AND SO FORTH. WASHINGTON HAS THE MONEY TO FUND THE SS TRUST FUND. IT’S JUST HIDDEN IN OTHER PROGRAMS.

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      • I have been paying for part Medicare for 5years. I had complex cataracts needed surgery. Had authorization but after my co pay co ins and deductible I can not afford food and electric for at least 3 years. I have to with draw from Medicare b just so I can eat. I can not get Medicaid due to being 20. 00 over a month. They do not deduct your cost of Medicare and allow a whole 84 off for col. This problem is why I never used my Medicare before…but I cataracts blinded me. Oh..also after approval for surgery one eye surgery was denied..it was worse that thought and didn’t pay for it. So I have thousands of out of pocket cost to pay while waiting on appeals.

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      • I really can’t comment, but it seems something is not right. I know several people inc,using my wife who have had multiple cataract surgery with no issues as you describe.

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    • I could be incorrect however it seems to me that our COLA suffers regardless of whom is elected – or which party. We never receive a percentage increase that compensates for ” real ” costs of living plus the WEP / GPO is plan and simple THIEF of our wages paid from our life time of labors. I wish / I pray that some one will correct these injustices imposed on the thousands of hardworking, law abiding, true blue Americans – YES – AMERICANS ! that have made this country the great country it is today. GOD BLESS AMERICA — – – May all have a blessed day . . . . . . . .

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  7. The 2% COLA is JUST NOT ENOUGH, and now when the economy is supposed to be doing SO MUCH BETTER! We, Senior Citizens, paid for everyone before us (I am 75 years old and worked from 17 to 70). and now we, the citizens who paid for everyone else, are getting the SHAFT Big Time!. We need, at the minimum, a 3.6% raise in Social Security for the next MANY years, to make up for the Obama years, where Obama was supporting all of the ILLEGAL IMMIGRANTS, WHO GOT A DEBIT CARD (debit card for their food and shelter, etc.) UPON ENTRY INTO THE UNITED STATES, and got and get every medical benefit possible, plus taking jobs away from American Citizens, etc., etc., etc., WHERE IT IS A GOOD GUESS THAT THEY CANNOT DO THE JOBS AS WELL AS AMERICAN CITIZENS, BECAUSE FOR STARTERS THEY CANNOT SPEAK OR BARELY SPEAK ENGLISH, WHICH SHOULD BE A REQUIREMENT!!! Medical bills are what I am dealing with now–there should be a law that senior citizens should not have to pay the same prices as people who are working, and this is the reason that a lot of poor Senior Citizens have to die, because we cannot afford the medical care, especially with a bad heart! BUT THE MEDICAL BENEFITS ARE FEE TO THE ILLEGAL IMMIGRANTS. This is not right–INCREASE COLA TO AT LEAST 3.6% FOR MANY YEARS TO COME!!! A lot of senior citizens do not qualify for Medicaid, where they get a much better deal than people on Medicare–this is soooooooooo wrong!!! Where is Bernie Sanders and where is Elizabeth Warren, when they said people on social security should have at least a $60 a-month raise??? They are nowhere, right? If someone who runs against President Trump wants to increase monthly rates for Social Security, and the Republicans do not, there is a good chance that this “someone” could become President of the United States!!! Senior Citizens do vote, you know!!!

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  8. In the context of long-range predictions of SS solvency, I would think that recent COLA history, consisting of several zero COLAs would have a notable impact on extending SS solvency. Never heard boo from the talkers. If I’m wrong where did the savings from all these zero increases go?

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