How Much Did Congress Earn Last Year? Q: Can you tell me how much members of Congress earned last year after shutting down the government? Did they receive a COLA for 2014? I've heard conflicting stories. A: Member ...
Category: Cost of Living Adjustment (COLA) Articles
Benefit Bulletin: 2014 COLA Repeal
Military Retiree COLA Cut Attempt Shot Down — Prelude To Next Battle? In the face of bipartisan outrage, Congress swiftly repealed a recently - enacted cost-of-living adjustment (COLA) cut before it could go into effe ...
How Adequate Are Social Security Benefits?
If you're like most seniors, you probably depend on Social Security for at least half of your income. But how well does the annual cost-of-living adjustment (COLA) protect you from rising costs? TSCL will soon release so ...
Again? COLAs May Face Another Round Of Cuts In Debt Limit Battle
Debt cutters may be back with more demands to "chain" cost-of-living adjustments (COLAs), along with plans that would make seniors pay higher Medicare costs. The government's new 2014 federal budget agreement cut COLAs ...
Will 2015 Be Year Of The Lowest COLA Ever Paid?
Alexandria, VA: More than 62.5 million seniors, as well as recipients of other federal benefits, may be at high risk of not receiving any cost-of-living adjustment (COLA) next year, according to a new forecast from The S ...
Congress Picks Up Debate Over Benefit Cuts
After leaving major decisions on Social Security and Medicare cuts to the New Year, Members of Congress are returning to pick up their debate over entitlements and taxes. With the looming insolvency of the Social Securi ...
Social Security and Medicare Cuts Eyed
Take The TSCL Senior Survey! How much will the New Year's 1.5% cost-of-living adjustment (COLA) increase your Social Security benefits? How much did your household budget increase over the past 12 months? Your respons ...
Legislative Update: November 2013
COLAs Reach All Time Lows At Same Time Seniors Report Expenses Higher Than Ever By Jessie Gibbons, Legislative Assistant Over the past five years, the Social Security cost-of-living adjustment (COLA) has reached an ...
2014 COLA 1.5%
Social Security benefits will increase by a tepid 1.5% in January. That will boost the average monthly Social Security benefit of $1,161 by only $17.40 per month. But despite slow growth in benefits, TSCL remains highly ...
2014 COLA Marks Lowest Five-Year Growth Period In 37 Years
COLA Announcement Delayed Due To Shut Down Seniors will receive an estimated 1.5% cost-of-living adjustment (COLA) effective January 1st. This preliminary estimate was recently released by TSCL and shared by other eco ...
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