The newest estimate for the 2027 Cost-of-Living-Adjustment (COLA) puts it near or slightly ahead of last year’s increase.
Current predictions put the number at 2.8 or 3.2 percent, though this could change before the official announcement in October.
While the number moving up may seem like a good sign, it’s still lagging behind. Every day costs like food, rent, and medical care continue to rise. For many, a fifty-dollar boost doesn’t come close to covering the gap.
That’s why it’s important to speak up. COLA calculations can shift based on how inflation is measured. They can also be influenced by public pressure. Lawmakers need to hear from the people this impacts most—retirees trying to keep up with real-world expenses. And even for those of us who are well off financially, we’ve fairly earned our benefits. We deserve to be paid back in full.
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