Story perspectives

Shutdown Threatens October Social Security COLA Announcement Delay

10/8/2025

Summary

Story summary

Shutdown may delay the cost-of-living adjustment (COLA) announcement, set for October 15.
COLA uses the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the third quarter.
About 72 million Americans depend on Social Security; delays could affect 2026 budgeting.
The Senior Citizens League projects a 2.7% COLA, raising the average monthly benefit by about $54.

History

Historical Context

The Social Security Amendments of 1972, signed by President Nixon on October 30, established automatic cost-of-living adjustments (COLA) linked to the Consumer Price Index, impacting 27.8 million Americans. This legislation aimed to ensure benefits kept pace with inflation, a response to rising economic concerns. Today, potential delays in COLA announcements echo past challenges in maintaining financial stability for seniors, highlighting the program's ongoing significance.

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Story summary

Shutdown may delay the cost-of-living adjustment (COLA) announcement, set for October 15.
COLA uses the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the third quarter.
About 72 million Americans depend on Social Security; delays could affect 2026 budgeting.
The Senior Citizens League projects a 2.7% COLA, raising the average monthly benefit by about $54.

1 / 2