By Mary Johnson Now that our federal budget deficit is the only major economic indicator that’s roaring upward, Social Security benefits may be next to go through the wringer. The policy experts are quietly considering ...
Category: Cost of Living Adjustment (COLA) Articles
Video: Night In America: TSCL Visits Capitol Hill
Watch our newest video featuring TSCL's Board of Trustees as they work for our benefits in our nation's Capitol. "Night in America" spotlights the plight millions of seniors are enduring as living costs rise, Soci ...
Why Seniors Need An Emergency COLA: Help Us Pass Emergency COLA Legislation
Medicare costs are continuing to escalate in 2010, but unless Congress takes immediate action, it’s all but certain that seniors won’t receive an annual cost-of-living adjustment (COLA) to help offset the increase next y ...
Video: Out Of COLA
More than ever, millions of seniors are struggling with higher costs, but flat (or shrinking) Social Security checks. So it makes little sense that the government decided that seniors shouldn’t receive a Social Security ...
Senate Rejects Two Attempts To Provide $250 Emergency Social Security Payment
By Mary Johnson, Social Security and Medicare Policy Analyst (March 5, 2010) The U.S Senate recently rejected not one, but two attempts to provide a modest, one-time $250 emergency Social Security payment to seniors wh ...
No COLA In 2011!
The Social Security Administration has confirmed that inflation had not increased enough to pay a COLA in 2011. This makes the second year in a row without a COLA for Social Security—no COLA was paid in 2010 either. Th ...
Under Law No Social Security COLA For 2011 Social Security Says
By Mary Johnson cash pay advance It’s official. The Social Security Administration recently announced that fifty-three million Social Security beneficiaries won’t receive any cost-of-living adjustment (COLA) in 2011 — t ...
Recession, Lack Of COLAs Reduce Baby Boomers’ Social Security Benefits
The deep recession and two unprecedented years of a lack of annual cost-of-living adjustments (COLAs) are taking a huge toll on the Social Security of new retirees, even if they haven’t yet started benefits. A ground - b ...
Video: You’re Not Alone
Millions of seniors are on their own, struggling to make ends meet. In "You're Not Alone," viewers see the isolation of one senior, who is far too typical of America's seniors. But there is hope. The Senior Citizens L ...
Congressional Corner: By Representative Charles Gonzalez (20th-TX)
Many seniors in our community struggle month to month to make ends meet on budgets that just can’t cover today’s high cost of living. Today’s troubled economy is leaving the elderly in a financial pinch, particularly si ...