Seniors Demand Fairer COLA | Honolulu News

Social Security’s COLA could jump to 3.8% this year, but seniors are pushing back—arguing the current inflation measure ignores their real expenses like meds and rent. A new survey shows most seniors are struggling to keep up, and the Senior Citizens League is demanding a switch to an elderly-focused CPI index, backed by the Social Security 2100 Act to extend solvency for 30 years. Though Congress seems unlikely to act soon, advocates see this as a make-or-break moment for future retirees. Official numbers won’t drop until October. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1f17122023cc2cf2