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 In the face of bipartisan outrage, Congress swiftly repealed a recently - enacted cost-of-living adjustment (COLA) cut before it could go into effe ...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