• Attention, Seniors: A New Social Security COLA Bill Was Just Introduced in Congress Attention, Seniors: A New Social Security COLA Bill Was Just Introduced in Congress
  • Social Security Benefits Go Up, But Most Beneficiaries See No Increase Social Security recipients are finally getting a cost-of-living adjustment (COLA) this year that became effective January 1st.  But if you’re like Millicent G., a 72-year-old retired veterinary technician from Williamsburg, Virginia, the 0.3% COLA increase is a far cry from what you think it should be.  “The cost-of-living adjustment is completely ignoring seniors,” she says. In ...
  • If “Senior CPI” Used To Calculate COLA, Benefits Would Be 2.1% Higher In 2017 Says The Senior Citizens League (Washington, DC) – Social Security recipients would get a cost-of-living- adjustment (COLA) that’s seven times higher this year if the annual boost were tied to the rise in the “seniors’” consumer price index, according to a new analysis by The Senior Citizens League (TSCL).  Recent data from the U.S. Bureau of Labor statistics confirms that ...
  • 0.3% COLA Lowest Ever Paid TSCL Pushes For Emergency COLA After a year without a cost-of-living adjustment (COLA), Social Security beneficiaries are finally getting a boost in January.  But the increase, if it can be called that, is so small that it’s the lowest ever paid — 0.3%.  The COLA will raise every $1,000 in benefits by just $3.00 and, for ...
  • COLA Hits New Low — 0.3% For 2017 After receiving no cost-of-living adjustment (COLA) this year, Social Security beneficiaries will finally receive a raise effective January 1st.  But the increase in benefits is so small, it will be the lowest payable COLA ever in the history of the program — raising a $1,000 benefit by just $3.00. The new low comes as COLAs have ...
  • 2017 COLA Announcement (Washington, DC) –Today’s announcement of a 0.3 percent cost – of – living adjustment (COLA) is another major disappointment to the 60 million people who depend on Social Security, says The Senior Citizens League (TSCL.) “The consumer price index (CPI) that the government uses to determine the annual COLA is simply not doing the job ...
  • 2017 COLA Forecast (Washington, DC) – After no annual cost of living adjustment (COLA) this year, older Americans are likely to get a boost for 2017.  But the increase will be so small that it will be the lowest ever paid, according to a new forecast by The Senior Citizens League (TSCL). The 2017 COLA will likely be 0.3 ...
  • Older Americans Lose 23% Of Buying Power (Washington, DC) – Low inflation in recent years may be helping younger workers cut costs at the gas pump, but it isn’t translating into lower costs for older and retired Americans, says The Senior Citizens League (TSCL).  According to a recent study by TSCL, Social Security beneficiaries have lost 23 percent of their buying power ...
  • Low COLA To Trigger Medicare Part B Premium Spike (Washington, DC) – New consumer price index data through August confirm that Medicare Part B premiums will spike next year due to an extremely low cost – of – living adjustment (COLA), according to a new estimate by The Senior Citizens League (TSCL).  “Low or no COLAs not only affect Social Security benefits, the amount ...
  • Why Seniors Need A Better Benefit Boost The annual Social Security cost-of-living adjustment (COLA) is about to set another record low.  According to estimates by TSCL’s COLA expert and Advisor editor Mary Johnson, the COLA may be just three tenths of a percent (0.3%) in 2017.  That would set a new low for years when inflation was high enough for a COLA ...
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