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View Diary: The Thing About Social Security (178 comments)

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  •  You do realize that the "most vulnerable" does (3+ / 0-)
    Recommended by:
    SpecialKinFlag, tardis10, Mr Robert

    not include any seniors who happen to own their own home (or even a halfway decent car) no matter how modest, right?  Remember, we are talking about no more than 15k per year in income and 9k in assets as the cutoff.

    You have watched Faux News, now lose 2d10 SAN.

    by Throw The Bums Out on Sun Dec 23, 2012 at 10:28:03 AM PST

    [ Parent ]

    •  Why do you say this? (2+ / 0-)
      Recommended by:
      JeffW, Cedwyn
      You do realize that the "most vulnerable" does not include any seniors who happen to own their own home (or even a halfway decent car) no matter how modest, right?
      A home used as a primary residence and one automobile are exempt from Supplementary Security Income resouce limits.  For more information:  http://www.socialsecurity.gov/... , scroll down to "Resources".  

      We could argue that the income and resouce limits should be increased, as they were established in the early '70s when a dollar was worth more, but that's another issue.  The fact is that home ownership will not prevent you from getting SSI if you are otherwise eligible.  

      Renewable energy brings national global security.     

      by Calamity Jean on Sun Dec 23, 2012 at 02:33:06 PM PST

      [ Parent ]

      •  However, that is for SSI not regular Social (1+ / 0-)
        Recommended by:
        jabney

        Security.  The "most vulnerable" is only for those on SSI or possibly SSDI.  Even if it does apply to regular seniors on regular Social Security since those seniors presumably aren't using their car as a resource for "attempting to obtain gainful employment" the car does count.  Also, since the maximum SSI payment in 2012 is $698 anyone getting a regular SS payment more than that is also (presumably) considered not one of the "most vulnerable".

        You have watched Faux News, now lose 2d10 SAN.

        by Throw The Bums Out on Sun Dec 23, 2012 at 02:53:15 PM PST

        [ Parent ]

        •  seniors get SS regardless (1+ / 0-)
          Recommended by:
          Calamity Jean

          they don't need to qualify based on their assets or lack thereof.  SSA is not going to deny people for having cars and homes.

          and SSI/SSDI is exactly what you say:  extra protection for the most vulnerable.  

          Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

          by Cedwyn on Sun Dec 23, 2012 at 04:19:06 PM PST

          [ Parent ]

        •  No, sorry. Regular Social Security doesn't (1+ / 0-)
          Recommended by:
          Cedwyn
          ...those seniors presumably aren't using their car as a resource for "attempting to obtain gainful employment" the car does count.
          care what resources a person has.  And SSI exempts cars used for grocery shopping and trips to the doctor as well as cars used for seeking or commuting to work.  I worked for the Social Security Administration for 30+ years and explained the rules to more than a few thousand people in that time.  You have been misinformed.  Read from my link in prior comment, or call 1-800-772-1213 any weekday from 7 AM to 7 PM in all US time zones.  

          Renewable energy brings national global security.     

          by Calamity Jean on Sun Dec 23, 2012 at 11:01:50 PM PST

          [ Parent ]

          •  However, presumably regular Social (0+ / 0-)

            Security would assuming the protections for the "most vulnerable" even apply to (some) people on it and not just SSI (and possibly SSDI).  How else would you define the "most vulnerable" seniors on regular Social Security? (assuming you consider such a thing to exist at all)

            You have watched Faux News, now lose 2d10 SAN.

            by Throw The Bums Out on Mon Dec 24, 2012 at 05:04:23 AM PST

            [ Parent ]

            •  I had seen the suggestion that SSI payments (1+ / 0-)
              Recommended by:
              JeffW

              would increase according to the existing CPI, not the "chained CPI".  That led me to believe that the idea was that as SS payments fell behind the actual cost of living, SSI would pick up the poorest as SSI increased faster than Social Security.  People eliglble for SSI could be reasonably regarded as "the most vulnerable".  

              Renewable energy brings national global security.     

              by Calamity Jean on Tue Dec 25, 2012 at 03:42:40 PM PST

              [ Parent ]

    •  Its worse than that TTBO. I Googled, and if the (2+ / 0-)
      Recommended by:
      Throw The Bums Out, jabney

      most vulnerable seniors who will be protected are ONLY the recipients of SSI (and some of these papers suggest), and the top SSI payment in 2012 is $698 per month, it suggests to me that so long as a senior or disabled individual's monthly Social Security check is $699 per month, they are not deemed "vulnerable."

      IOW, anyone making $699 a month or more will take a hit on COLA, under the chained CPI Index.

      If this is correct, I consider that to be not only disgraceful, but beyond "obscene."

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