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Social Security announces benefit increase

Portsmouth Daily Times, The (OH) - 10/23/2014

Oct. 23--The Social Security Administration announced this week that monthly Social Security and Supplemental Security Income (SSI) benefits will increase 1.7 percent beginning in January 2015 as an annual cost-of-living adjustment.

The Social Security Office in Portsmouth provides services to Scioto and Adams County.

According to released information from the Portsmouth Social Security Office based on 2013 data, in Scioto County there are 16,755 people that receive Retirement, Widows, Auxiliary (wives and dependent children) and Disability (SSD) benefits. Social Security pays these beneficiaries at total of $17,030,000 per month. The yearly total for those individuals is $204,360,000.

There are 5,346 people that receive SSI for Disability (SSIDI), Aged (SSIAI), Blind (SSIBI), and Children's (SSIDC) benefits in Scioto County. Those individuals are paid out of the General Revenue fund of the US Government. They are not paid out of the Social Security Trust fund. The individuals are paid a total of $3,114,000 per month. The yearly total to these individuals is $37,368,000

In total, Scioto County residents are paid $241,728,000 per year.

According to released information from the Portsmouth Social Security Office, based on 2013 data, in Adams County, there are 6,620 people that receive Retirement, Widows, Auxiliary (wives and dependent children) and Disability (SSD) benefits. Social Security pays these beneficiaries at total of $6,543,000 per month, with the yearly total for those individuals is $78,516,000.

There are 1,737 people that receive SSI for Disability (SSIDI), Aged (SSIAI), Blind (SSIBI), and Children's (SSIDC) benefits in Adams County. These individuals are paid out of the General Revenue fund of the US Government. They are not paid out of the Social Security Trust fund. The individuals are paid a total of $970,000 per month. The yearly total to these individuals is $11,640,000

In total, Adams county residents are paid $90,156,000 per year.

Wayne Allen can be reached at 740-353-3101, ext. 1933 or on Twitter @WayneallenPDT

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(c)2014 The Portsmouth Daily Times (Portsmouth, Ohio)

Visit The Portsmouth Daily Times (Portsmouth, Ohio) at www.portsmouth-dailytimes.com

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