The $250 One-Time Recovery Payment
We’ve received many emails asking whether Social Security recipients, veterans, and railroad retirees will receive a $250 payment in 2011, as they did in 2009.
Answer: In July 2010, a new bill was introduced that would provide the one-time $250 in 2011 in the event that no Social Security cost-of-living adjustment is payable next year.
In October 2010, the Social Security Administration announced that there would be no cost-of-living increase in 2011. Some members of Congress are seeking a vote on the bill introduced in July before the end of the year.
Check back for updates.