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 their monthly expenses rose by less than that. According to TSCL's n ...
Category: Cost of Living Adjustment (COLA) Articles
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 larger government-wide deficit reduction legislation. The i ...
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 Medicare, but "when" most policy observers now believe. Much w ...
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 annual cost-of-living adjustments (COLA) are a key ...
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 on fixed incomes. Retirees and disabled adults won’t see much of a c ...
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 ...
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