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TSCL Urges COLA Reform to Support Seniors' Income Needs

4/16/2026

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Summary

Story summary

The Senior Citizens League (TSCL) warns that the 2.8% 2027 Social Security COLA may not support seniors.
Seniors rely on 58% of the income of working-age Americans.
TSCL says current COLA calculations omit rising costs in medicine and housing.
TSCL calls for a COLA based on older Americans' spending and for strengthening the pension system.

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Story summary

The Senior Citizens League (TSCL) warns that the 2.8% 2027 Social Security COLA may not support seniors.
Seniors rely on 58% of the income of working-age Americans.
TSCL says current COLA calculations omit rising costs in medicine and housing.
TSCL calls for a COLA based on older Americans' spending and for strengthening the pension system.