The historic rise is also "laughably misaligned" and "woefully insufficient," according to experts.
The COLA is called a raise because it results in a retiree’s monthly benefits check getting bigger.  The purpose of it is to ...
Social Security retirees got a 2.8% Cost of Living Adjustment (COLA) this year, and retirees have now received their first ...
Social Security cost-of-living adjustments (COLAs) are designed to ensure Social Security benefits keep pace with inflation. While they may not always feel like enough, COLAs can help ease the sting ...