As the holiday season approaches, the timing of the 2025 Cost-of-Living Adjustment (COLA) for retirees and beneficiaries couldn’t be more significant.
Thanksgiving and Christmas remind us of the importance of giving and expressing gratitude. However, it’s essential to recognize that the 2.5 percent COLA isn’t a gift from the government or a benevolent act. Instead, it’s an adjustment aimed at bringing benefits closer to where they should have been all along.
The 2025 COLA is a Much-Needed Adjustment
End-of-year holidays evoke a spirit of generosity and reflection. Families come together, sharing meals, gifts, and moments of appreciation for one another. Similarly, the 2025 COLA, although overdue, reflects a commitment to the well-being of retirees and beneficiaries. It acknowledges the rising costs of living and the need to support those who have contributed to our society for years.
Just like the holiday spirit should persist throughout the year, the government must continue to ensure that benefits rise annually to match the evolving economic landscape. It is an ongoing responsibility to provide financial security and stability for retirees and those dependent on social security benefits.
As we celebrate the giving season, let it be a reminder that ensuring financial well-being for all citizens is an act of gratitude towards those who have built and sustained our society, and it’s an ongoing duty to ensure their comfort and security as they age.
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