Canadian researchers find a simple cure for cancer, but major pharmaceutical companies are not interested. Researchers at the University of Alberta, in Edmonton, Canada have cured cancer last week, yet there is a little ripple in the news or in TV.
Social Security recipients will get a 1.7% cost-of-living raise starting in January, the Social Security Administration announced Wednesday. For the average retired person receiving Social Security, monthly payments would rise $22 to $1,328 from $1,306. The average couple's benefits would rise to $2,176 from $2,140. Average annual payout: $15,936.
The average Social Security disability benefit amount for a recipient of Social Security Disability Insurance (SSDI) in 2016 is $1,166 per month, but a beneficiary can receive either less than this or up to $2,639. These benefits are based on average lifetime earnings, not on household income or how severe the individual's disability is.