(Washington, DC) – Higher taxes — lower benefits — more complexity. A new, more slowly growing consumer price index (CPI), known as the chained CPI, promises the worst of all worlds for tens of millions retirees, disabl ...
Category: Cost of Living Adjustment (COLA) Articles
Why We Need A Better COLA
Social Security recipients will get 2% cost-of-living (COLA) adjustment effective January 2018. But despite it being the largest increase in five years, the news is being met with frustration from millions of retiree ho ...
Social Security Announces 2% COLA
Social Security recipients will receive the highest cost-of-living adjustment (COLA) in 5 years, effective January 1st. The Social Security Administration recently announced a COLA of 2%. While the boost is critically ne ...
2018 Cost of Living Adjustment (COLA) Announced
(Washington, DC) – The Social Security Administration has announced that the annual cost-of-living adjustment (COLA) will increase benefits by 2.0 percent for 2018. While the increase is the highest in five years, it won ...
Social Security Benefits Lose 30% of Buying Power Since 2000
(Washington, DC) – Social Security beneficiaries have lost nearly one – third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study by The Senior Citizens League (TSCL). The ...
2018 Cost of Living (COLA) Projection
(Washington, DC) – Social Security recipients can look forward to receiving an annual cost – of – living adjustment (COLA) of about 1.8 percent in 2018, according to an estimate released today by The Senior Citizens Leag ...
Benefit Bulletin: September/October 2017
What Your Member Of Congress Might Try To Tell You About The COLA Don’t be surprised if you hear your Member of Congress say that the Social Security cost–of–living adjustment (COLA) is too high — and that you are ov ...
Social Security Forecast: 1.8%-2% COLA
Social Security recipients can expect a cost–of–living adjustment (COLA) of about 1.8%-2% starting in January, according to a new TSCL estimate. That continues a trend of extremely low COLA growth over the past five year ...
Social Security Benefits Lose 30% Of Buying Power Since 2000
Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League (TSCL). The findings rep ...
The COLA Was Only 0.3% This Year. Retirees Report Costs Grew By A Lot More
By Mary Johnson, editor Social Security’s annual cost-of-living adjustment (COLA) is provided to help people maintain the buying power of their Social Security benefits as prices go up. Since the COLA was only 0.3% th ...