Social Security is supposed to provide financial peace in retirement. However, our government’s failure to take action on missed COLAs has led to hardship instead.
AARP’s breakdown of the history of these cost-of-living adjustments shows just how little seniors have received in recent years. In 2010, 2011, and 2016, Social Security beneficiaries received no increase in their benefits. These missed COLAs have compounded into a deficit of as much as $10,970 owed to retirees.
Lawmakers have pushed retirees aside for too long. Join NORA in letting Congress know that seniors deserve a repayment for years of missing COLAs. We’re calling on our legislators to take action by passing The COLA Act of 2021. Sign our online petition today and then please forward it to your family and friends—your signature could help Washington take notice.
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