The Senior Citizens League says Social Security benefits in the US need nearly $296 (£224) more a month to restore their 2016 buying power. But its published calculation raises questions ahead of the 14 October 2026 cost-of-living adjustment announcement.
The organisation estimates that benefits have lost 13.7 per cent of their purchasing power over a decade. Its 2026 Loss of Buying Power report puts the shortfall at $295.85 (£223.43) a month for the average beneficiary. That is an advocacy group's estimate, not a reduction in payments announced by the US government.
