Advocating for Fair and Accurate COLAs

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Social Security COLAs need to be higher. More specifically, they need to be accurate.

Social Security is a promise, one that’s helped millions of Americans retire with dignity. But for that promise to hold, we need a system that reflects today’s realities.

That starts with accurate Cost-of-Living Adjustments (COLAs) because when expenses rise, benefits should keep up as well.

Accurate COLAs Must Reflect Senior Expenses

Unfortunately, the current method for calculating COLAs is based on the spending habits of younger workers, not retirees. That means seniors, who spend more on healthcare, housing, and essentials, often see increases that don’t match their true cost of living.

But there’s reason to be hopeful. Advocates, experts, and everyday retirees are calling for change – including updating the formula to better reflect senior-specific expenses (using CPI-E) and adjusting the tax thresholds so fewer people are taxed on benefits they already earned.

What’s more, these changes can go hand-in-hand with efforts to restore the long-term health of the Social Security Trust Fund. With smart adjustments, we can make the program stronger – not just for today’s retirees, but for generations to come.

The truth is, Social Security is working, but it can and must work better! Seniors have contributed to this system their entire lives. They deserve benefits that grow with their needs, not shrink in the face of inflation.

We’re optimistic about what’s ahead. Together, we can push for smarter policy, clearer communication, and a Social Security system that keeps its promises now and into the future.

If you support our cause, consider signing our petition. We advocate for fair yearly COLAs, adjusted accurately for the costs seniors face and will face in the future. In addition, we also advocate for reimbursement for years skipped.

After you sign, make sure to follow us on Facebook and Twitter for more content on COLAs, retirement life, and other topics seniors care about.

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