Senior Citizens League wants more for COLA, three percent they demand

Senior Citizens League wants more for COLA, three percent they demand

Last week the Senior Citizens League released an article demanding a higher COLA in response to the Social Security Administration’s announcement of a 1.7% increase in benefits for retirees.

About $113 Missing from Social Security in 2015, Says The Senior Citizens League.

Only a day after Social Security announced a 1.7 percent cost-of-living increase for beneficiaries in 2015, The Senior Citizens League is calling for a minimum increase of 3 percent, which was the average before 2010. The group’s leader, Ed Cates, says benefits of the typical Social Security recipient will be about $5,298 lower by the end of 2015 due to the government not maintaining at least a 3 percent increase.

Are your a senior? Do you agree? Share your feedback. We’d love to hear from you!

http://www.seniorjournal.com/NEWS/SocialSecurity/2014/20141023_Minimum-Social-Security-COLA-of-Three-Percent-Demanded-by-Senior-Citizens-League.htm

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