Seniors need to be able to rely on their Social Security benefits. With so many retirees living in financial insecurity, years with no cost-of-living adjustments can have catastrophic effects. The American government has left seniors struggling as they work to fill their own pockets. By not providing a yearly increase to Social Security benefits, legislators have shown where their priorities lie. However, there are several ways to fight for a fair COLA for seniors.
How Seniors Can Fight for a Fair COLA Each Year
In 2022, the Social Security COLA is now projected to be 6.2% due to high inflation during the fallout from the COVID-19 pandemic. However, this comes after a ten-year period which included missed COLAs that left seniors struggling to pay for the goods and services they need. By NORA’s calculations, retirees may now be owed as much as $10,970 as a result of these missed COLAs.
No seniors would turn down $10,970. And this money isn’t a bonus—it’s what hardworking retirees are owed by the federal government. How can you fight to get the politicians to provide this reimbursement and a fair COLA every year moving forward? There are three simple steps you can take:
- Read about The COLA Act of 2021 – NORA’s supporting this important piece of legislation which would guarantee a COLA every year
- Sign NORA’s petition – We’re collecting names so that we can show Washington politicians just how many American seniors want this bill to pass and want to receive a $10,970 reimbursement
- Tell your friends and family – Pass NORA’s mission and petition on to your loved ones so they can add their names
Join NORA’s Fight Today
At NORA, we’re more committed than ever to fighting for American seniors. After taking these simple steps to fight for a fair COLA, follow us on Twitter and Facebook so you never miss an update.
