Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

Social Security's annual COLA calculations are under scrutiny from advocacy groups, with some calling for different metrics to be used to boost or reduce the inflation adjustments.

The Cost of Living Adjustment (COLA) for Social Security benefits is set to increase by 2.8% in January 2026. However, ...

Staffing shortages have forced the U.S. federal government to scale back the price checks it uses to calculate the inflation rate. Economists are warning that could lead to less accurate ...

Seniors will get a 2.5% Social Security COLA next year, boosting the average benefit to $1,976 per month. The government calculates COLAs based on third-quarter inflation data that doesn't look at ...

American seniors are frustrated with how Social Security adjusts for inflation, and they want change. A new report from The Senior Citizens League (TSCL) shows a clear demand among retirees to improve ...