Social Security Announces Benefit Changes for 2012

The Social Security Administration (SSA) recently announced cost of living (COLA) and other changes for its disability program, beginning January 1, 2012. Based on the increase in the Consumer Price Index, Social Security and Supplemental Security Income (SSI) recipients will receive a 3.6% increase in benefits in 2012. The maximum taxable earnings increases to $110,100,…

What is the Social Security Retirement and Disability Program?

From its inception in 1935, Social Security has been an insurance program.  The Old Age and Survivors Insurance Trust Fund and the Disability Insurance Trust Fund from which benefits are paid are funded by payroll taxes and interest paid on investments in securities backed by the full faith and credit of the United States government….

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Temporary Disability Benefits & Short-Term Disability Benefits

In another important decision for injured workers, the Oregon Workers’ Compensation Board decided that if workers injured on the job who have short-term disability benefits through your work, may still receive time loss (temporary disability) benefit paid by the workers’ compensation insurance company, as well as short-term disability benefits.  These benefits are not the same…

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