- Persons receiving Disability Insurance Benefits will get a 2.3% cost of living increase.
- The SSI (Supplemental Security Income) maximum was increased to $637.00 per month.
- In order to receive a quarter of coverage in 2008, a person must have taxable gross earnings over $1,050.00.
- Persons who are collecting early retirement benefits, can now earn $1,130.00 per month before benefits begin to get reduced.
- The trial work period amount has increased to $670.00 per month.
- Monthly income which constitutes “substantial” gainful activity is $940.00.
2008 Cost of Living Adjustments and Other Changes
Published on November 20th, 2008