Retirees | featured news

The federal government pays out millions of dollars to dead people each year — including deceased retired federal workers, according to a new report.

More than 58 million retirees and disabled Americans will get no increase in Social Security benefits next year, the second year in a row without a raise.

By law, Social Security benefits can't decline. But because premiums for the Medicare drug program are expected to increase 11% next year, seniors who have those premiums deducted from their benefits will see a drop in payments, says Barbara Kennelly, president of the National Committee to Preserve Social Security and Medicare.