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 ...
Category: Cost of Living Adjustment (COLA) Articles
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 ...
Ask The Advisor: Congress Salaries and COLA
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 ...
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 In the face of bipartisan outrage, Congress swiftly repealed a recently - enacted cost-of-living adjustment (COLA) cut before it could go into effe ...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 ...