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Debate over Social Security COLA calculation and long-term solvency

Steady: 0 in the last 7 days Updated oct 16

The latest in this situation

  1. Advocacy group critiques SSA policy following the release of the COLA inflation report.
  2. SSA announced COLA while economic data highlighted Mississippi's higher purchasing power than New York.
  3. Senator Gillibrand challenges the integrity of BLS data used for SSA adjustments.
  4. Congress set Social Security benefits for pre-1975 recipients using BLS CPI-W data.
  5. SSA announced COLA based on Q3 CPI-W data; AARP offered early projections.

How it started

Discussions regarding the financing path and insolvency date of the Social Security Administration.

3 reports, 3 independent, last reported Sep 19. The briefing below covers this first event.

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 3 independent outlets

Discussions regarding the financing path and insolvency date of the Social Security Administration.

Who's involved

What this event is mainly about

How it developed

Newest first. Tap a step to see who reported it.
  1. BLS released CPI-W data used for calculating the Cost of Living Adjustment (COLA) for Social Security benefits.Sub-event
  2. Hearings underway for Commissioner Frank Bisignano concerning SSA financing and insolvency.1 source
  3. Social Security Administration policies require a change in financing path before 2032.1 source

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The entities involved

Coverage

Newest first; wire copies grouped