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February 06, 2012
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Disability News

 

Social Security Announces 4.1 Percent Benefit Increase For 2006

Monthly Social Security and Supplemental Security Income benefits for more than 52 million Americans will increase 4.1 percent in 2006, the Social Security Administration announced today. Social Security and Supplemental Security Income benefits increase automatically each year based on the rise in the Bureau of Labor Statistics’ Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from the third quarter of the prior year to the corresponding period of the current year. This year's increase in the CPI-W was 4.1 percent.

The 4.1 percent Cost-of-Living Adjustment (COLA) will begin with benefits that more than 48 million Social Security beneficiaries receive in January 2006. Increased payments to 7 million Supplemental Security Income beneficiaries will begin on December 30. Some other changes that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $94,200 from $90,000. Of the estimated 161 million workers who will pay Social Security taxes in 2006, about 11.3 million will pay higher taxes as a result of the increase in the taxable maximum in 2006.

It is important to note that no one’s Social Security benefit will decrease as a result of the 2006 Medicare Part B premium increase, announced last month. By law, the Part B premium increase cannot be larger than a beneficiary’s COLA increase. More information about Medicare can be found at www.cms.hhs.gov.

Please contact us if you or any qualified individual with a disability you know in Alaska has been discriminated against. Do not let anyone get away with violating the ADA.

 

 
Did You Know?    
 
 
Alzheimer's Disease is a disability
A progressive, irreversible disease characterized by degeneration of the brain cells and serve loss of memory, causing the individual to become dysfunctional and dependent upon others for basic living needs.

 


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Latest news about Disability cases in Alaska and nationwide:

Social Security and Medicare Projections: 2006
Social Security and Medicare Projections: 2006

Social Security and Medicare will consume an ever-increasing portion of wor...

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Social Security Reform Proposal To Improve Disability Process
Jo Anne Barnhart, Commissioner of Social Security, today announced that Social Security will publish a proposed regulation to improve the disabilit...
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Cost Of Living Adjustment For Social Security In 2005
Monthly Social Security and Supplemental Security Income benefits for more than 52 million Americans will increase 2.7 percent in 2005.


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Social Security Lawyers.com Terms

 


Today's Terms

Reasonable Accommodation

Definition:
Any change in the job application process, work environment or work process, or modification to the benefits or privileges of employment, that results in equal employment opportunity for an individual with a disability.

Continuation of Medicare Coverage (SSDI)

Definition:
You can receive at least 93 consecutive months of hospital and medical insurance after the trial work period. This provision allows health insurance to continue when you go to work and are engaging in SGA.

Optional Supplementation

Definition:
The payments made by States to help persons meet needs not fully covered by Federal SSI benefits. The State determines whether it will make a payment, to whom, and in what amount.

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Disability Hot Topics

 
Topics Related to Disability:

  • Spinal Cord Injuries
  • Broken or Severed Limbs
  • Vision Injuries
  • Access to Public Accommodations

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Alaska Social-Security Attorney

 
If you live in the following cities and need an Social-Security attorney you should contact our Social-Security Attorney as soon as possible:

  • Anchorage
  • Bethel
  • Chugiak
  • Eagle River
  • Fairbanks
  • Juneau
  • Kenai
  • Ketchikan
  • Kodiak
  • North Pole
  • Palmer
  • Sitka
  • Soldotna
  • Wasilla
 


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