Update: Social Security Benefits Lose 32 Percent of Buying Power

(Washington, DC) –  Consumer price index data through August 2021 indicates that the 2022 COLA will likely be about 6 percent.  But soaring inflation this year has deeply eroded the buying power of Social Security benefits, according to a new update to an ongoing inflation study by The Senior Citizens League (TSCL).  The study, which […]

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