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 ...
Category: Cost of Living Adjustment (COLA) Articles
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 ...
COLAs Go Flat, Seniors May Get 1.7% COLA In 2014
By Mary Johnson, Editor Don't expect much growth in Social Security benefits next year. According to consumer price index data, Social Security and other adjusted benefit payments will probably stay pretty flat. With ...
Congressional Corner: Strengthening Social Security
By Representative Peter DeFazio (OR-4) There's a lot of talk in D.C. about using Social Security to help pay down the federal deficit. Despite the hype, Social Security is not, and never was, the cause of our deficit. ...
Chained CPI Affects More Than COLAs, Seniors Would Get Less, Pay More
Most seniors are aware of the impact of the consumer price index (CPI) on their cost-of-living adjustments (COLAs). But a widely-debated deficit reduction proposal that would switch to the more slowly-growing “chained” ...
New Study: Seniors Lose 31% Of Their Buying Power
Seniors have lost almost one-third of their buying power since 2000, according to the 2013 Annual Survey of Senior Costs, conducted by The Senior Citizens League (TSCL). TSCL's latest report adds fuel to the heated debat ...
Congressional Corner: An Open Letter to TSCL Petition Signers
Representative C.W. Bill Young (FL-13) Thank you for signing a petition organized by The Senior Citizens League on various issues dealing with Social Security that are important to our nation’s elderly. As a Represent ...
Chained CPI Affects More Than Just COLAs
12 Ways Seniors Would Get Less, Pay More Efforts are quietly underway to lay the groundwork for a far-reaching fiscal deal that involves Social Security cost-of-living adjustments (COLAs) and Medicare benefits. White ...