Retirees Chapter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Each year, Social Security benefits are subject to an annual cost-of-living adjustment (COLA) based on inflation rates.

A proposed bill could change how the Social Security COLA is calculated, resulting in higher benefits for retirees.

Rep. Ruben Gallego introduced a bill that could change the way the annual cost-of-living adjustment to Social Security benefits is calculated.

Over 18,000 autoworkers are affected by the current round of bargaining. Those demands were presented during the official handshakes Thursday with the Detroit Big Three.

A key Texas Senate committee on Monday unveiled and quickly passed a major overhaul to the state's employee pension plan. Credit: Evan L'Roy/The Texas Tribune A powerful Texas Senate committee on Monday unveiled and quickly voted out a major overhaul to the state’s employee pension plan. Senate Bill 321 by state Sen. Joan Huffman, R-Houston, would enroll new employees eligible for the Texas Employees Retirement System in a cash balance plan — similar to a common 401(k) retirement account — instead of the traditional, defined benefit pension plan. The Senate Finance ...