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COLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for Seniors

The rising cost of healthcare and other essentials means that the modest cost-of-living adjustment for about 76 million Social Security beneficiaries, announced Wednesday by Social Security Administrator Frank Bisignano, is likely to make only a small difference for senior citizens struggling to afford gasoline and groceries, said economic justice…

Sources (1)· Oct 14, 6:03 PM

social security cola announcement Health Economy

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Common Dreams· Oct 14, 6:03 PMCOLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for Seniors

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social security cola announcement →

Before

Social Security recipients will see rise in monthly payments next yearData: Social Security Administration; Chart: Neil Irwin/Axios Social Security recipients will see the largest rise in their monthly payments in four years in January, with a 3.6% cost-of-living adjustment. Driving the news: The Social Security Administration announced the 2027 COLA adjustment for 76 million recipients of retirement and disability…

Axios2d agoWhole story →

Economy social security cola announcement

Social Security 2027 COLA increase: How much monthly checks will go upSocial Security recipients, including retirees and those on disability, now know how much larger their monthly payments from the federal government will be next year.

FOX 92d agoWhole story →

Justice social security cola announcement

Social Security recipients to get 3.6% cost of living boost, an average of $75 per monthThe Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027. Some recipients say it won't offset rising prices. This adjustment means $75 extra per month for the nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.…

The Atlanta Journal-Constitution2d agoWhole story →

Economy social security cola announcement

Since

The Social Security COLA for 2027 is set. Here's what experts say you need to knowThis year's increase is 3.6%, based on inflation data, amounting to a little more than $900 next year.

PBS NewsHour1d agoWhole story →

Economy social security cola announcement

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The Social Security COLA for 2027 is set. Here's what experts say you need to knowThis year's increase is 3.6%, based on inflation data, amounting to a little more than $900 next year.

PBS NewsHour1d agoWhole story →

Economy social security cola announcement

2027 COLA is 3.6% for many retirees, but some feds will see a smaller adjustmentA 2027 COLA of 3.6% will be added to Social Security payments and retirement benefits in January. But FERS annuitants will see a smaller 2.6% adjustment.

Federal News Network2d agoWhole story →

Economy 2027 cola announcement

Social Security recipients to get 3.6% cost of living boost, an average of $75 per monthThe Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027. Some recipients say it won't offset rising prices. This adjustment means $75 extra per month for the nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.…

The Atlanta Journal-Constitution2d agoWhole story →

Economy social security cola announcement

Social Security recipients will see rise in monthly payments next yearData: Social Security Administration; Chart: Neil Irwin/Axios Social Security recipients will see the largest rise in their monthly payments in four years in January, with a 3.6% cost-of-living adjustment. Driving the news: The Social Security Administration announced the 2027 COLA adjustment for 76 million recipients of retirement and disability…

Axios2d agoWhole story →

Economy social security cola announcement

Social Security 2027 COLA increase: How much monthly checks will go upSocial Security recipients, including retirees and those on disability, now know how much larger their monthly payments from the federal government will be next year.

FOX 92d agoWhole story →

Justice social security cola announcement

Federal retirees face more than a COLA change in 2027From Medicare premiums and Social Security earnings limits to a federal pay freeze, several changes could affect retirees’ finances and the benefits available to them next year.

Government Executive7h agoWhole story →

How to avoid a Social Security cut? Lawmakers float ideasSenators Dick Durbin and Bill Cassidy are trying to save tens of millions of Social Security beneficiaries from a projected 22% cut.

Norfolk Virginian-Pilot2mo agoWhole story →

Government Bill Cassidy social security reform push

Social Security commissioner predicts program will last 'for another 90 years'The SSA will release its annual cost-of-living adjustment on Wednesday, after the Bureau of Labor Statistics (BLS) reports data for September.

NewsNation3d agoWhole story →

Economy social security update