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HRD-82-40 1 (1982-07-02)

handle is hein.gao/gaobabdod0001 and id is 1 raw text is: 



BY THE COMPTROLLER GENERAL

Report To The Honorable

Daniel K. Inouye

United States Senate

OF THE UNITED STATES






Social Security Benefit Increases

For Inflation May Leave Many

Retirees Worse Off Financially


Social security recipients get annual bene-
fit increases to protect against inflation.
Many also participate in income-tested
public assistance programs, such as medi-
caid, food stamps, and housing assistance,
which decrease benefits when the social
security increases are received. In some
instances, offsetting decreases in public
assistance benefits can exceed the social
security increases, resulting in net losses,
and such persons are worse off than if the
increases had not been received. Additional
losses may occur due to recent public
assistance program changes.

GAO (1) examined how various program
rules contribute to this phenomenon for
Hawaii retirees and (2) tried to estimate the
number of persons that might be affected
there as well as nationally. GAO believes
the issue requires more comprehensive
national analysis.






                                                             L.) 119176



                71                                            GAO/HRD-82-40
     l~OU                                                        JULY 2,1982

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