COLAs Go Over The Fiscal Cliff Economic forecasts for 2013 warn of a financial crisis ahead. Nobody is feeling it more acutely than seniors living on fixed incomes. Retirees and disabled adults won’t see much of a c ...
Category: Cost of Living Adjustment (COLA) Articles
Over 50 Organizations Sign Letter to Congress Opposing Chained COLAs
The Senior Citizens League is not alone in its opposition to a widely-discussed plan to reduce the federal deficit that would use a slower-growing consumer price index (CPI), known as the “chained” CPI, to calculate the ...
Past COLA Changes Costing Seniors Thousands In Social Security Annually
A widely-discussed plan to reduce the federal deficit would use a slower-growing consumer price index (CPI), known as the “chained” CPI, to calculate the annual cost-of-living adjustment (COLA). The proposal, often refe ...
Seniors To Get One of Lowest COLAs Ever to be Paid
Will 1.7% COLAs Become The New Norm? Food, energy, and healthcare costs are climbing, but starting in January Social Security recipients will get one of the lowest cost-of-living adjustment (COLA) ever paid — jus ...
As Food, Heating, Prescriptions Climb, Another Low COLA In 2013
TSCL Expects COLA Will Be About 1.4% Cost–of–living adjustments (COLAs) are falling to anemic lows again in 2013. Seniors and the disabled will learn the 2013 increase on October 16, 2012, but TSCL expect ...
As Food, Heating, Prescriptions Climb, Another Low COLA In 2013
TSCL Expects COLA Will Be About 1.4% Cost–of–living adjustments (COLAs) are falling to anemic lows again in 2013. Seniors and the disabled will learn the 2013 increase on October 16, 2012, but TSCL expects ...
Benefit Bulletin: September 2012
With Inflation Dropping — Low 2013 COLA Forecast The prospects for an adequate Cost-of-Living Adjustment (COLA) boost for 2013 are dimming. The rate of inflation, as measured by the Consumer Price Index (CPI), is de ...
Congressional Corner: We Have To Do A Better Job On The COLA
By U.S. Senator Sherrod Brown (OH) While many of you received your first cost-of-living adjustment (COLA) for Social Security in more than two years, I understand the increase is less than it should be – and how it do ...
Seniors Lose 34% Buying Power Since 2000
Social Security benefits have lost 34 percent of their buying power since 2000 according to the latest data in an annual study by The Senior Citizens League (TSCL). During that period annual Cost of Living Adjustments (C ...
Best Ways to Save: Four Secrets To Maximizing Your Social Security Benefit
The majority of seniors depend on Social Security for at least half of their income. Given its importance to your budget, it’s critical to get the biggest benefit that you’re entitled to. Most seniors don’t know how, and ...
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