(Washington, DC) – How fair is the annual Social Security cost - of - living adjustment (COLA)? Not fair enough, according to estimates released today by The Senior Citizens League (TSCL). “If the annual COLA were calcul ...
Category: Cost of Living Adjustment (COLA) Articles
Social Security Benefits Lose 23% of Buying Power
Rising household costs and record low cost-of-living adjustments (COLAs) in recent years are eroding the buying power of more than 57 million Social Security recipients. In fact, Social Security benefits have lost 23% o ...
What Was The Fastest Growing Retiree Cost In 2015? Hint: Not Prescriptions!
Older Americans are going without a cost-of-living adjustment (COLA) in 2016 due to lower inflation last year, but lower inflation didn’t translate into lower household expenses for retirees in 2015. In fact, nearly 1,20 ...
Social Security Recipients Need Better Benefit Boost
(Washington, DC) –A majority of older voters think Social Security should be strengthened, but are opposed to cutting benefits, says a national survey by The Senior Citizens League (TSCL). The new national survey found t ...
Another Record Low Social Security Cost-of-Living Adjustment Is Forecast
By Mary Johnson, editor What would you do with a 0.9% cost-of-living adjustment (COLA)? That’s right, a COLA of less than 1%. If you receive an average Social Security benefit of $1,240 per month, your benefit would g ...
Could We Have Another Year Without A COLA? Maybe.
By Mary Johnson, Editor After receiving no annual cost-of-living adjustment (COLA) this year, many people who depend on Social Security are experiencing greater difficulties affording rising Medicare and other rising ...
It’s NOT Too Late For An Emergency COLA
Two months into the New Year, seniors, veterans, and other retirees still haven’t received any cost-of-living adjustment (COLA) for 2016. For the third time in only 7 years, more than 70 million people are going without ...
Time To Pass An Emergency COLA
(Washington, DC) – Although Social Security recipients didn’t receive an annual cost – of – living adjustment (COLA) this year, many are reporting that their costs are rising, and household budgets are getting squeezed, ...
Strengthen Social Security: In the Mean Time Pass An Emergency COLA
(Washington, DC) – Although Social Security recipients didn’t receive an annual cost – of – living adjustment (COLA) this year, many are reporting that their costs are rising, and household budgets are getting squeezed, ...
Majority Of Retirees Say COLA Should Be Top Priority For Congress
(Washington, DC) – Providing a cost-of-living adjustment (COLA) in 2016 should be the next top priority for Congress, according to a new poll of retirees released today by The Senior Citizens League (TSCL). When asked, “ ...
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