This blog is a place for journalists to discuss their experiences covering poverty. It works in tandem with onpoverty.org, a site run by Washington and Lee University's American Poverty Journalism Center.

Archives

3/2/08 - 3/9/08   3/9/08 - 3/16/08   3/23/08 - 3/30/08   3/30/08 - 4/6/08   4/27/08 - 5/4/08   6/15/08 - 6/22/08   7/20/08 - 7/27/08   8/17/08 - 8/24/08   9/21/08 - 9/28/08   10/5/08 - 10/12/08   10/12/08 - 10/19/08   10/19/08 - 10/26/08   10/26/08 - 11/2/08   11/2/08 - 11/9/08   11/9/08 - 11/16/08   11/16/08 - 11/23/08   11/30/08 - 12/7/08   1/11/09 - 1/18/09   1/18/09 - 1/25/09   1/25/09 - 2/1/09   2/1/09 - 2/8/09   2/8/09 - 2/15/09   2/22/09 - 3/1/09   3/1/09 - 3/8/09   3/8/09 - 3/15/09   3/15/09 - 3/22/09   3/22/09 - 3/29/09   3/29/09 - 4/5/09   5/3/09 - 5/10/09   9/20/09 - 9/27/09   9/27/09 - 10/4/09   10/4/09 - 10/11/09   10/18/09 - 10/25/09   10/25/09 - 11/1/09   11/15/09 - 11/22/09  

Subscribe to Posts [Atom]

Improved Social Security payouts fall short of retirees’ needs

10/16/2008 THE ASSOCIATED PRESS THE NEW YORK TIMES
Social Security benefits are increasing by 5.8 percent, which means an extra $63 monthly for the average retiree. The raise is supposed to enable recipients to keep abreast of inflation. But sharp increases in food and fuel costs, coupled with declines in the returns on retirement investments due to the financial sector crisis, are still likely to mean that many retirees are worse off.

Original story

Labels: increased benefits, Social Security

posted by Valaree and Brea at 3:02 PM