Social Security Announces Cost of Living Adjustments for 2021

Social Security Announces Cost of Living Adjustments for 2021

SPRINGFIELD, IL — The new cost of living adjustments, or COLA, are out for 2021 and nearly 70-million Americans will be receiving a 1.3% increase in their Social Security benefits.

The agency’s Jack Myers indicates these increases are measured by the Department of Labor’s Consumer Price Index increase in federal benefits for cost-of-living.

Notices have gone out about this year’s cost of living adjustments. According to Myers, you do not need to contact Social Security to claim your increase; this is something that takes place automatically.

socialsecurity.gov is where you can find more information and visit your ‘My Social Security’ account to find the electronic notice of this year’s adjustment.

Concert Calendar

POSTPONED – Nick Mason’s Saucerful Of Secrets at Stifel Theatre

POSTPONED – Nick Mason’s Saucerful Of Secrets at Stifel Theatre

ON SALE • NOWPRICE • $59, $69, $89, $109 Click HERE to purchase tickets Jan 2 – It is with great regret that due to the uncertainty surrounding the Covid pandemic, it has been decided to postpone the North American tour until later in the year. Apologies for any inconvenience or disappointment due to this. We are…

Local Weather