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Democracy Trailblazers ignite enthusiasm among teen voters; CA monster blizzard batters Tahoe, Mammoth, Sierra amid avalanche warnings; MN transportation sector could be next in line for carbon-free standard; IN teachers 'stunned' by lawmakers' bid to bypass collective bargaining.

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Nikki Haley says she may not endorse the GOP nominee, President Biden says the U-S will continue air-dropping aid into Gaza and more states look at ditching the electoral college for a national popular vote.

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Hard times could be ahead for rural school districts that spent federal pandemic money on teacher salaries, a former Oregon lumber community drafts a climate-action plan and West Virginians may soon buy raw milk from squeaky-clean cows.

Ohio Social Security beneficiaries will soon see COLA increase

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Thursday, November 2, 2023   

Social Security retirement benefits will increase for Ohioans by more than $50 per month starting in January.

Theresa Busher, public affairs specialist for the Social Security Administration, said the increase is aimed at helping people keep up with the rising cost of expenses.

"It's really important for our beneficiaries," Busher stressed. "Because as we all know, as inflation creeps up and cost of living creeps up, you know that your Social Security benefit then is going to be also evaluated and adjusted automatically each year."

Around 66 million people, or about one in five residents, collected Social Security benefits last February, and about 90% of people aged 21-64 who worked in covered employment last year were insured through Social Security in case of severe disability, according to the Center on Budget Policy and Priorities.

Busher noted people will need to have a My Social Security account by Nov. 14 to see their COLA notice online.

"We just really want folks to realize that if they look online at SocialSecurity.gov, not only can you get good information about this year's cost-of-living adjustment, and how exactly it's figured, again, you can also look in your account, you can track your benefits," Busher outlined.

Other Social Security changes are also slated to go into effect next year, including changes to the maximum amount of earnings subject to the Social Security tax. The amount will increase from around $160,000 to around $168,000.


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