Social Security: What is the Senior Citizens Inflation Relief Act and What Does it Do?
By David Nadelle | Originally published here. With consumer prices and inflation at 40-year highs and the Social Security cost-of-living adjustment (COLA) lagging, retirees are seeing their benefits stretched to the limit. Because costs are rising so much quicker than the COLA, many seniors are taking drastic savings measures and scrimping on essentials like food and medicine, according to non-partisan advocacy group The Senior Citizens League (TSCL). Others have found themse