Social Security Benefits Eroded By Inadequate Inflation Adjustment

The Social Security Administration on Thursday will announce some news that will be distressing to more than one in four households: there will be no Social Security cost of living adjustment (“COLA”) for 2016. This is no small matter. The purpose of the annual adjustments is to ensure that Social Security’s benefits don’t lose value […]

Attacks on Social Security and Medicare Are Based On the Phoney Politics of Intergenerational Conflict

It’s not surprising that this midterm election season has seen its share of critics of our publicly supported system of retirement security. After all, Republicans and others have spent the past 30 years attacking Social Security and Medicare. But any reasonable analysis shows that the attacks are based on the phoney politics of intergenerational conflict. […]

Policy Basics: Top Ten Facts about Social Security

Eighty years after President Franklin Roosevelt signed the Social Security Act on August 14, 1935, Social Security remains one of the nation’s most successful, effective, and popular programs. It provides a foundation of income on which workers can build to plan for their retirement.  It also provides valuable social insurance protection to workers who become disabled […]