Benefit Security Coalition

For the first time in more than three decades, Social Security recipients will not get any increase in their benefits next year, federal forecasts show.

The absence of a cost-of-living adjustment, calculated under a formula set by law, will be a shock to older Americans already hit by plummeting home values, investment losses and rising health costs. More than 50 million people receive Social Security.

"Most seniors have never been through a year in which there was no Social Security COLA," said David Certner, legislative counsel at AARP, the lobby for older Americans. Beneficiaries have received automatic cost-of-living adjustments every year since 1975.

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Despite our contacting more than 1.2 million Americans directly about social security COLAs, and receiving 90,832 responses urging the 109th Congress to pass bill HR 736, this legislation died in committees on Capitol Hill. Now HR 2987, the COLA Fairness Act of 2007, has been introduced. Please help us get this important legislation passed by signing our petition and supporting the Benefit Security Coalition.

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