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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…

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FAQ: How “Chaining the COLA” Cuts Your Social Security

TSCL Mounts Nationwide Effort Fighting COLA Cuts A major move is underway to reduce government spending on Social Security by cutting the growth rate in…

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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…

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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…

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Social Security COLA May Be Post-Election Deficit-Cutting Target

Alexandria, VA (Oct 16, 2012) Seniors will get one of the lowest cost-of-living adjustment (COLA) paid in the past decade next January.  But even so,…

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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…

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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…

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FAQ: How Would Switching To the “Chained” CPI Affect Social Security Benefits?

Pending budget decisions over dwindling government funds will likely once again trigger a high-stakes battle over how to reduce the nation’s debt. A proposal that…

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Seniors Will Get 3.6% COLA Next Year, But Lower COLAs May Be Ahead

Alexandria, VA (October 24, 2011) In January, for the first time in two years, Social Security recipients will get a sorely-needed cost-of-living adjustment (COLA). Benefits…

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“Chaining” COLAs Still Under Consideration

“Chaining” COLAs Still Under Consideration By Mary Johnson The past two years without a cost-of-living adjustment (COLA) felt like the government clamped a lid on…

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