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 Retirement Benefit. Social Security retirement benefits are arguably the most valuable of all Social Security benefits. Out of all the beneficiaries who received Social Security in August 2010, more than half of these received retirement benefits. The average benefit paid to retirees as of August 2010 is $1,171 per month, but your benefit amount depends on your age at retirement and your work history.