Скачать или смотреть Understanding the Social Security benefit boost

(13 Oct 2022)
RESTRICTION SUMMARY:
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Minneapolis, Minnesota - 12 October 2022
1. Wide traffic goes by a Social Security Administration Field Office
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Washington DC - 12 October 2022
2. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"My name is Fatima Hussein. I'm the Treasury Department reporter for the Associated Press in Washington. We just learned that the Social Security Administration announced the biggest cost of living adjustment increase in 40 years."
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3. GRAPHIC of Social Security Administration data for "Cost Of Living Adjustment" increases from 1980 to 2020
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Washington DC - 12 October 2022
4. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"So in the 1980s, there was a record high inflation. And at that time, at that time, the cost of living increase rose up to rose more than 11%. Here today, we're seeing not only this inflation, but also the impacts of a war in Ukraine as well as an ongoing pandemic."
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ARCHIVE: New York - 27 July 2022
5. STILL of a man shopping at a supermarket
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ARCHIVE: Tigard, Oregon - 12 October 2021
6. STILL Close of a Social Security card
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Washington DC - 12 October 2022
7. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"A lot of people are wondering about the impact of the social security benefits boost and we're here to answer their questions."
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8. GRAPHIC of a frequently asked question regarding the cost of living adjustment for Social Security, reads (English) "What is the expected cost of living adjustment?"
ASSOCIATED PRESS
Washington DC - 12 October 2022
9. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"As far as the amount of money that could go into people's pockets, it ranges, but could be roughly $145 a month, which translates to extra gas money and food money."
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Waukegan, Illinois - 12 October 2022
10. Various of a social security recipient opening the door to her refrigerator
ASSOCIATED PRESS
Washington DC - 12 October 2022
11. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"So the latest inflation figures will determine the actual amount of the benefits and that number comes out in October. People will actually see the benefits in their bank accounts in January."
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12. GRAPHIC of a frequently asked question regarding the cost of living adjustment for Social Security, reads (English) "Who benefits from the boost to Social Security?"
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Washington DC - 12 October 2022
13. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
"Roughly 70 million Americans will be impacted by this cost of living adjustment. That translates to one in five households, which also means grandparents taking care of their grandkids, or those funds dispersing in one way or another to people who might not even be direct recipients. So the impact on the economy will be huge."
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Washington DC - 7 October 2022
14. STILLS Various of Cassandra Gentry and her granddaughter Jada posing for a photograph in their apartment
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15. GRAPHIC of a frequently asked question regarding the cost of living adjustment for Social Security, reads (English) "How far will the extra money go amid high inflation?"
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Washington DC - 12 October 2022
16. SOUNDBITE (English) Fatima Hussein, AP Treasury Department Reporter:
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ARCHIVE: Longwood, Florida - 5 October 2021
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