News

No Cost-of-Living Adjustments Means No Additional Social Security Benefits for Vulnerable Seniors

As a result of the recent economic recession, the consumer price index (CPI-W) that is used to make automatic cost-of-living adjustments to Social Security benefits did not increase from the previous year. Consequently, due to the formula under existing law, Social Security beneficiaries will see no increases and may even see cuts in benefits in 2011. Read more about this issue at NCOA. 11/02/2010