GIVE NOW to Protect Your Earned Benefits

Not so great news for seniors …

As inflation continues to soar, and seniors struggle to afford their basic needs, it was announced today that Social Security recipients will receive a 2.8% Social Security Cost-of-Living Adjustment (COLA) in 2026. While this figure is a slight bump from this year’s 2.5% COLA, it still means that millions of beneficiaries will once again find their expenses outpacing their Social Security benefit.

And it demonstrates the complete failure of the current COLA formula to deliver a COLA that accurately measures seniors’ expenses, including higher out-of-pocket health care, food and housing costs.

Whenever I do a townhall meeting about Social Security, one issue always rises to the top: Social Security COLAs.

Retirees across America consistently tell us that their annual COLAs are simply not adequate. And they have a reason to be concerned. Historically, these adjustments have not kept pace with seniors’ rising expenses — and years of low or no COLAs over the past several decades have eroded seniors purchasing power.

Seniors deserve a cure for the COLA! That’s why I urge you to support the National Committee’s fight on Capitol Hill for a more fair and adequate COLA by making one urgent gift today.

The health and financial security of millions of older Americans depend on receiving a fair COLA every year.

So please support our advocacy efforts in Washington to pass legislation now pending in Congress that would strengthen the retirement security of America’s seniors by boosting Social Security benefits and basing COLAs on either the Consumer Price Index for the Elderly (CPI-E) or the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), whichever is HIGHER.

This would give order Americans the best chance of keeping up with the rising costs of the products and services they depend on.

It’s time for Congress to take action that provides seniors with protection against the insidious effects of inflation for the rest of their lives!