Oklahoma seniors secure a raise
MUSTANG — It was lunchtime at the Mustang Senior Center and lively games of bingo, dominoes and bridge were under way. Many of the regulars had not yet heard the news that their Social Security checks are going up 5.8 percent next year.
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BY THE NUMBERS
Social Security increase
Here’s a look at the changes you can expect from the largest Social Security check increase in 26 years:
5.8
Percent increase will begin in January.
$63
Additional money per month an average retiree can expect.
$1,090
Current typical retiree monthly check.
$1,153
New typical retiree monthly check.
$96.40
Current premiums for Medicare part B.
$96.40
Unchanged, new premium for Medicare part B.
635,000
Oklahomans who will see an increase next year.
50 million
Americans who will see the increase next year.
Source: Social Security Administration
BACKGROUND
Raises since 1999
1999 — 1.3 percent
2000 — 2.5 percent
2001 — 3.5 percent
2002 — 2.6 percent
2003 — 1.4 percent
2004 — 2.1 percent
2005 — 2.7 percent
2006 — 4.1 percent
2007 — 3.3 percent
2008 — 2.3 percent
2009 — 5.8 percent
Source: Social Security Administration
ONLINE
Video
• Larry Jones of the Social Security Administration talks about the increase.
• Noal May and Stefanie Grantello share their feelings on the issue.Newsok.com
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Links
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Soaring prices means bigger checks
For the average senior, the raise is about $63 a month, said Larry Jones, a public affairs specialist with the local Social Security Administration office.
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