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Nanny State

Social Security Benefits to Rise 1.5 Percent Next Year

Lowest since automatic adjustments began because of low official inflation

Reason Staff | 10.30.2013 12:40 PM

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Social Security benefits for nearly 58 million people will increase by 1.5 percent next year, the government announced Wednesday.

The increase is among the smallest since automatic adjustments were adopted in 1975. It is small because consumer prices haven't gone up much in the past year.

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NEXT: Rand Paul Threatens to Block Janet Yellen Nomination Over Audit the Fed Bill

Reason Staff
Nanny StateSocial Security
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