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Arizona Social Security Recipients See Small Increase

For Arizona's Social Security recipients, it is the smallest benefit increase in decades, but it could be worse. The government has announced a benefit increase for next year of 1.5 percent. National AARP President Rob Romasco says that is the smallest amount since 1975, but it would be even lower if there were changes to how the cost-of-living adjustment is calculated, as some in Congress have proposed.
Current projections have Social Security staying solvent for about 20 more years. More than 820-thousand Arizonans receive Social Security benefits.

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