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Archive Home > 2009 > May > 03 > Social Security won’t raise benefits in "10, forecasts say

Social Security won’t raise benefits in "10, forecasts say

By New York Times News Service / The Bulletin
May 3, 2009

For the first time in more than three decades, Social Security recipients will not get any increase in their benefits next year, federal forecasts show. The absence of a cost-of-living adjustment, calculated under a formula set by law, will be a shock to older Americans already hit by plummeting....

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