About 19,000 Maine residents over 65, many of them low-income women living alone, will be made eligible for the program under the new law.
Social Security
Posted inNation & World, News, Politics
Social Security boost seen as unlikely to help Dems at polls
Voters have ranked the economy as a higher priority than Social Security, with 71% of U.S. adults telling Pew Research Center in January that strengthening the economy was a top priority for the president.
advertisement
Posted inNation & World, News
Social Security increase will help millions of kids, too
It’s not just older people who will get what’s expected to be the largest cost-of-living adjustment in Social Security benefits in 40 years.
Posted inBusiness, Nation & World
Stock market slump unsettling Americans eyeing retirement
Many soon-to-be retirees are also terrified about inflation. Social Security has a built-in adjustment, but it doesn’t keep up with real inflation.
Posted inLocal & State, News
Maine Social Security recipients still waiting for stimulus checks
According to published reports, payments for those receiving such benefits have not been prepared yet.
Posted inBusiness, Nation & World
Virus could deplete Social Security funds by 2030, report says
Prior to the pandemic, the Social Security Administration had estimated the the Social Security trust fund would be depleted by 2035.
Posted inElections, Local & State, Politics
Republican congressional hopefuls seek changes in Social Security
The three contenders for Maine’s 2nd District say they worry about the future of the retirement program unless revisions are made.
Posted inLocal & State, Nation & World, News
What you need to know if you haven’t received your federal aid check
Social Security and Veteran Affairs recipients will receive their money the same way they receive benefits.
Posted inBusiness, Nation & World, News
Feds: Scam artists spread virus lies, prey on Medicare recipients
Federal law enforcement is warning that scam artists are preying on older people’s fears by peddling fake tests for the coronavirus to Medicare recipients.
Posted inLocal & State, News
Advocates seek reforms to state retirement system for disabled workers
Many agree the hurdles are too high in Maine; data show applications plummeted since 2015.