Retirement security is a serious issue for millions in this country. Older Americans face constant financial challenges that make it hard to live on a fixed income. This is especially true for those over the age of 82, who often struggle to make ends meet despite Social Security’s intended role as a safety net.
However, Social Security benefits frequently fall short. Even inflation adjustments fail to provide meaningful relief. For instance, the 2025 Cost-of-Living Adjustment (COLA) was a modest 2.5 percent, barely enough to offset the rising costs of essentials like housing, healthcare, and groceries.
A Step Toward Real Financial Support
How can we ensure our older citizens receive the support they deserve in their later years?
The Elder Relief Act could be a critical step in the right direction. This proposed legislation aims to directly address the financial needs of seniors aged 82 and older by guaranteeing a meaningful benefit increase.
Under this plan, seniors would receive an $85 monthly increase, along with an annual adjustment of 4 percent to better keep up with inflation. These provisions acknowledge the limitations of current Social Security benefits and seek to provide a more sustainable solution for retirees.
Why Action is Needed Now
With Social Security struggling to keep pace with the ever-rising cost of living, the 2.5 percent COLA for 2025 is simply insufficient. The Elder Relief Act recognizes this urgent issue and presents a tangible, immediate solution to ease the financial burden on older retirees.
As members of the greatest generation continue to age, the need for stronger and more adaptable support mechanisms becomes increasingly evident. A reliable and inflation-resistant adjustment like the one proposed in the Elder Relief Act could be the solution seniors have been waiting for.
Call to Action
Congress must act now. The financial well-being of our seniors is at stake, and a weak COLA is not enough. Older Americans deserve a more substantial and sustainable solution.
Take a moment today to contact your representatives in Congress. Urge them to support the Elder Relief Act and ensure that those who have given so much to our society receive the financial security they deserve.