Is The Government Manipulating COLAs? Cost-of-Living Adjustments (COLAs) have languished at exceptionally low levels in recent years. Administration officials and economists point to the sluggish economy and recent ec ...
Category: Cost of Living Adjustment (COLA) Articles
TSCL Grassroots Spotlight
Gino Grosso Speaks Out On the COLA "Seniors need to get organized," says Gino Grosso of Philadelphia, Pennsylvania. "Too many feel they can't do anything about low COLAs. People are very resigned." Recently Gino wa ...
Social Security Recipients Think Government Manipulates CPI Data
Alexandria, VA: People who receive Social Security benefits overwhelmingly think the federal government is manipulating consumer price index (CPI) data, according to a new poll by The Senior Citizens League (TSCL). When ...
Christmas Wish – Higher COLA
Alexandria, VA: More than 90 percent of older Americans are likely to be making a secret Christmas wish for the New Year, says The Senior Citizens League (TSCL). “That’s to make ends meet,” says TSCL Chairman, Ed Cates. ...
What Government Manipulation of Inflation Is Doing To Your Benefits
For the sixth consecutive year, Social Security beneficiaries will receive a cost-of-living adjustment (COLA) that's a near-record low. Benefits will rise in January by a meager 1.7% after a 1.5% increase in 2014. In fac ...
1.7% COLA Announced For 2015 — How Well Does It Cover Your Rising Costs?
Social Security Benefits Impact Estimated at $4,000 Over Past Five Years For an unprecedented sixth consecutive year, Social Security recipients will get a record low cost-of-living adjustment (COLA) of 1.7% in 2015. ...
What’s Missing From Your 2015 Social Security Check? About $113, Says The Senior Citizens League (TSCL)
Alexandria, VA: How much will the Social Security cost – of – living adjustment (COLA) boost your benefits? “Probably not enough to prevent a loss of benefit buying power,” says Ed Cates, Chairman of The Senior Cit ...
Sixth Consecutive Year Of Record Low COLAs “Unprecedented,” Says The Senior Citizens League
Alexandria, VA: The annual Social Security cost-of-living adjustment (COLA) will remain at record low levels again in 2015, says a new forecast by The Senior Citizens League (TSCL). According to the most recent consumer ...
No Support Among Seniors For Likely Disability Trust Fund Fix
Alexandria, VA: A leading proposal to temporarily fix the looming insolvency of the Social Security disability trust fund by reallocating payroll taxes has virtually no support among seniors, according to a new poll by ...
These Ten Fastest Growing Costs Can Blow Senior Budgets
Seniors have lost 31% of the buying power of their Social Security benefits since 2000, according to TSCL's 2014 Survey of Senior Costs. The findings are the same as last year; showing no improvement in the buying power ...