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House Lawmakers Pitch Emergency 3 Percent Social Security Cost-of-Living Adjustment

House Lawmakers Pitch Emergency 3 Percent Social Security Cost-of-Living Adjustment
Blank Social Security checks are run through a printer at the U.S. Treasury printing facility in Philadelphia, Penn., on Feb. 11, 2005. William Thomas Cain/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
10/16/2020|Updated: 10/16/2020

House Democrats plan to introduce a bill to raise the Social Security cost-of-living adjustment from 1.3 percent to 3 percent to help seniors facing a greater financial burden amid the pandemic.

The Social Security Administration announced on Oct. 13 that the cost-of-living adjustment (COLA) for Social Security and Supplemental Security Income benefits will be 1.3 percent starting in January 2021.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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Related Topics
Social Security
cola
Cost of Living adjustment
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