While helpful, COLA hike isn’t enough
Blair County retirees will join about 53 million other senior citizens across America in welcoming the announced 2.8% average increase in their Social Security benefits, effective in January. The word “average” is important in this editorial because individual increases could be above or below the Social Security Administration’s announcement that the average monthly check next year will be $2,064, up $56 from this year. However, buried or absent among some of the increase announcements has been the fact that the standard Medicare Part B premium will be increasing by $21.50 a ...