{"id":3705,"date":"2026-10-20T22:43:43","date_gmt":"2026-10-21T02:43:43","guid":{"rendered":"https:\/\/vr-news.net\/?p=3705"},"modified":"2026-10-20T22:43:43","modified_gmt":"2026-10-21T02:43:43","slug":"social-securitys-cola-is-on-the-ballot-in-november","status":"publish","type":"post","link":"https:\/\/vr-news.net\/?p=3705","title":{"rendered":"Social Security\u2019s COLA is on the Ballot in November"},"content":{"rendered":"
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The following is a statement from Nancy Altman, President of Social Security Works<\/u><\/a>, on Social Security\u2019s 2027 cost-of-living adjustment (COLA), which will be 3.6<\/strong> <\/strong>percent:<\/p>\n

\u201cEvery year, Social Security\u2019s benefits are automatically adjusted to account for inflation. This is an essential feature of the system, which prevents benefits from eroding over time. <\/p>\n

Next year\u2019s COLA can\u2019t come soon enough for many Social Security beneficiaries. The Trump administration’s war of choice with Iran and tariff chaos have driven<\/u><\/a> gasoline prices up nearly 40 percent, and caused grocery costs to skyrocket. <\/p>\n

The COLA adjustment will help. But it doesn\u2019t fully account for the costs that Social Security beneficiaries face. That\u2019s because the measure used to calculate it, the CPI-W, is designed to reflect the costs of working people \u2014 not retirees, who spend a higher percentage of their income on healthcare, housing, and other bare necessities. <\/p>\n

Democrats in both the House and Senate have plans<\/u><\/a> to improve the COLA, by switching to a more accurate measure, the CPI-E. Meanwhile, Republicans complain<\/u><\/a> that the current COLA measure is too generous. <\/p>\n

Many Republicans, including Speaker Mike Johnson, have endorsed plans<\/u><\/a> to use a stingier measure, the chained CPI. That\u2019s a cut to the American people\u2019s hard-earned benefits.<\/p>\n

Over time, switching to the chained CPI, as the Republicans have proposed, would<\/u><\/a> shrink yearly benefits by hundreds and even thousands of dollars. Switching to the CPI-E, as the Democrats propose, would increase benefits. This would particularly impact women and Hispanics, who have longer average life expectancies.<\/p>\n

In 2032, within the six-year terms of U.S. Senators elected this November, Social Security is projected to face a funding shortfall. The vast majority of Republicans refuse to support a single penny in revenue increases, even from the ultra-wealthy, to address the shortfall. That leaves benefit cuts, including less generous COLAs, as their only option.<\/p>\n

The bottom line: Social Security\u2019s future is on the ballot this November, and that includes the size of annual COLA adjustments.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The following is a statement from Nancy Altman, President of Social Security Works, on Social Security\u2019s 2027 cost-of-living adjustment (COLA), which will be 3.6 percent: \u201cEvery year, Social Security\u2019s benefits are automatically adjusted to account for inflation. This is an essential feature of the system, which prevents benefits from eroding over time. Next year\u2019s COLA […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[742],"class_list":["post-3705","post","type-post","status-publish","format-standard","hentry","category-ciencia-y-tecnologia","tag-vr-news-net"],"_links":{"self":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3705"}],"version-history":[{"count":0,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3705\/revisions"}],"wp:attachment":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}