The cost-of-living adjustment (COLA) increase will affect 68 million Social ... Social Security and SSI beneficiaries have seen since 2021. The agency said that the cost-of-living adjustment ...

The proposed cost-of-living increase would bring the deficit down about $17 million in 2021-22 and $24 million in 2022-23, she said. The estimated savings in 2022-23 could change, though, Wallace said ...

For context, the CPI-W had increased by 5.4% for the same period in 2021 ... cost-of-living adjustment needed to keep up with inflation is less, leading to a smaller COLA. The 2025 COLA increase ...

The Raise the Wage Act of 2021 was introduced in the U.S. Senate and proposed ... Living wage, unlike minimum wage, factors in cost of living, which may vary by location. The range in the U.S. varies ...

While the actual 2026 Social Security cost-of-living (COLA) increase for retired workers won’t be announced until October, the Senior Citizens League (TSCL), a nonpartisan seniors group ...

Social Security benefits will increase by 8.7% in 2023 in response to high inflation, according to the federal government. That will be the largest cost-of-living adjustment (COLA) since 1981.

The 8.7% Social Security cost-of-living adjustment for 2023 is significantly larger than the 5.9% COLA in 2022 and just 1.3% COLA in 2021 ... lead to a very big increase in Medicare spending ...