Claims extracted
20
sentences that state something as happening or true
Uncertain
15%
3 of 20 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
New York Post's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 than they received for this year, according to new estimates that follow the release of August inflation data.
uncertain
that → expect → data
By law, the annual Social Security COLA is calculated using the Bureau of Labor Statistics’ consumer price index (CPI) inflation data for the months of July, August and September based on a variant of the dataset known as CPI-W.
asserted
COLA → calculate → W.
The COLA boosts beneficiaries’ payments to account for a rise in the cost of living, and the COLA for 2026 amounted to a 2.8% increase.
asserted
COLA → boost → increase
The BLS released the August CPI inflation data that showed consumer prices were up 3.4% from a year ago, while the CPI-W was up 3.5% over the last year.
asserted
W → release → year
Several groups have released estimates for the 2027 COLA based on the data from the last two months and estimates for September’s data, which have the COLA landing in a range from 3.4% to 3.6%.
asserted
COLA → release → %
The nonpartisan Committee for a Responsible Federal Budget (CRFB) estimated that based on the latest data, the 2027 COLA will be 3.4%.
asserted
COLA → estimate → data
AARP projected that the 2027 COLA will be 3.6%, based on its analysis of recent inflation readings and projections for the coming weeks.
asserted
COLA → project → weeks
Rich Johnson, vice president of financial security at the AARP Public Policy Institute, noted that many older adults rely on Social Security for the bulk of their income and that the group’s forecast aims to help them plan based on how the COLA may affect their finances.
uncertain
COLA → note → finances
“Family budgets have been under increasing pressure because of rising prices.
asserted
budgets → increase → prices
The sooner that we can give them reliable information as to how much their benefits might [increase next year], the sooner they can start planning,” Johnson said.
uncertain
Johnson → give → information
Johnson said that the AARP’s estimate incorporates the Federal Reserve Bank of Cleveland’s inflation projections for September and that while those figures aren’t “set in stone,” the data helps compile the estimate.
asserted
data → say → estimate
“With only one month of inflation data to go until the 2027 COLA is finalized, there’s less uncertainty about what that increase will be,” he added.
asserted
he → go → data
“Unless prices change dramatically in September, we’re confident that the COLA will be in the mid-3% range.”
asserted
COLA → change → range
The Senior Citizens League predicted the 2027 COLA will be 3.5% following the release of the August CPI inflation data, down slightly from its estimate of 3.6% the prior month.
asserted
COLA → predict → %
A 3.5% COLA would increase average benefit checks by $67.90 and would boost the monthly benefit from $1,940.08 to $2,007.98, TSCL reported.
asserted
TSCL → increase → 2,007.98
“The biggest thing we’re watching with the COLA announcement coming are short-term shocks to the economy that push inflation way up or down in the next 30 days,” said TSCL executive director Shannon Benton.
asserted
Benton → watch → days
“No matter if the COLA announcement comes in slightly higher or slightly lower than our prediction, seniors will probably end up disappointed in the long run.
asserted
seniors → come → run
The reality is that older Americans allocate their budgets differently than people still in the workforce, so inflation hits them differently.
asserted
inflation → allocate → them
The CPI-W captures the experience of urban wage earners, which doesn’t represent the average senior’s budget,” Benton added.
asserted
Benton → capture → budget
The final piece of data for the 2027 COLA will be released on Oct. 14, when the BLS releases the September CPI inflation data.
asserted
BLS → release → data
The Aporia
