There’s been a remarkable increase in the number of bankruptcy petitions filed by seniors, age 50 and older, in recent years. And older filers are beginning to represent a larger percentage of those filing for bankruptc ...
Category: Cost of Living Adjustment (COLA) Articles
Tighten Your Belts! Prices Hurtling Skyward
Housing, gasoline, food, healthcare — you name it, costs are taking some of the biggest jumps in years. In virtually every category, prices are on the way up at the very same time seniors are least prepared to handle th ...
Video: Not Keeping Up
Watch our public service video about the need for a fair Social Security COLA and spread the word! Please, share this video with your friends (use the "Share" button above or copy the URL into an email). ...
Video: Real Seniors, Real Concerns
Watch our new, nationally televised, Public Service Announcement called "Real Seniors, Real Concerns." Real seniors are telling the nation about the financial challenges they face in a new public service announcement ...
COLA Cuts Come Under Study
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 ...
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 ...
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