(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 ...
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Recent Social Security Changes Were Unnecessary Benefit Cuts
(Washington, DC) Seventy percent of older voters say two recent Social Security changes were “unnecessary benefit cuts,” rather than a “closure of unintended loopholes,” according to a new poll by The Senior Citizens Le ...
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.) ...
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 n ...
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) ...
2016 Annual Survey of Senior Costs
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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 CPI” COLA Might Be 7 Times Higher Than Actual 2017 COLA
(Washington, DC) – How fair is the annual Social Security cost - of - living adjustment (COLA)? Not fair enough, according to estimates released today by The Senior Citizens League (TSCL). “If the annual COLA were calcul ...
Expenditure Comparisons
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Table 1 – CPI versus Actual COLA
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