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Cost of Living Adjustment (COLA) Articles

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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…

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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…

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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…

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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…

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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…

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Senior Survey: Monthly Benefits Rose Less Than $39, Expenses Rose More Than $119

Mary Johnson, Editor Ninety-seven percent of seniors say that their monthly Social Security benefits rose by less than $39 in 2013, but only 11% say…

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Are Deeper Cuts Coming? — How Much Would You Lose?

Most analysts believe that switching to a more – stingy measure of inflation to determine annual cost-of-living adjustments (COLAs) will form a key provision to…

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What’s Next for Social Security and Medicare?

TSCL Tells Congress —”Leave Social Security and Medicare out of Budget Negotiations” It’s no longer a matter of ‘if’ Congress will cut Social Security and…

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COLAs Overpay Seniors, Must Be Slashed! Deficit Cutters Say

Economists are saying that cost-of-living adjustments (COLAs) overpay seniors and that recipients don’t need so much money to maintain their standard of living.  Cuts to…

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Will 2013 Be a Year of Crisis?

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…

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