Social Security checks could be cut by $500 a month in 2032, report finds
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
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Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Recent changes at the Social Security Administration have upset many Americans, with some complaining about long delays and wait times when calling Social Security. The new leader of the SSA sat down with CBS News' Maurice DuBois to talk about his plans to improve service.
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Social Security Administration cited a "hardware issue" after it had to close offices and suspend personalized online services.
New York Rep. Ritchie Torres said his Social Security number was among those included in a massive data breach that involved billions of personal data records being leaked.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
The 8.3 percent hike in the consumer price index is especially bad news for retirees living on fixed incomes.
If you're one of the millions of people who receive Social Security benefits, you're going to see a bigger check soon.
The Social Security Administration has announced the cost-of-living adjustment (COLA) increase for 2021.
A bill crafted by Sens. Charles Schumer of New York and Bob Casey of Pennsylvania will be offered in mid-November, when Congress returns to session following the midterm elections.
Rep. Carolyn Maloney, a Democrat, requested the inquiry in letters sent Monday to the inspectors general at the Justice Department and Social Security Administration.
Declared dead by social security? Believe it or not, that's what happens to thousands of living people each year.
While Sophia stayed at No. 1, Jacob usurped Michael as the top picked baby name for a boy in New York last year.
Next year's raise will be small because consumer prices, as measured by the government, haven't gone up much in the past year.
As of August, the senator says more than 19,000 seniors nationwide have reported identity thefts. That's about 50 each day.
The names Sophia, for girls, and Ethan, for boys ranked number 2 in terms of New York City popularity for 2010.
Imagine if you were declared dead, not once, not twice but three times and lost your only source of income. An elderly Staten Island woman who is very much alive and well is living a red tape nightmare.
With no increase in Social Security, the White House said it's pushing Congress to give seniors, veterans and the disabled a $250 bonus check. Seniors in New York say they desperately need it.
To make up for the lack of a cost of living adjustment, members of Congress are pushing for a one-time payment of $250 for seniors.
It's one of the most striking fallouts from our nation's bad economy: Social Security is facing a rare shortfall this year as a wave of people is opting to collect payments before their full retirement age.
An East Quogue woman is fighting a battle with the government to prove she is among the living.
Police shot a suspect who allegedly hit multiple officers with a vehicle in the Bronx on Sunday, the NYPD said.
Wyndham Clark began the final round up six shots, but ended up winning by just one, securing his second U.S. Open title in four years.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Police are searching for the gunman in an overnight shooting that left four people injured at a park in Harlem.
The Cincinnati Reds beat the New York Yankees 4-1 on Sunday.
Police shot a suspect who allegedly hit multiple officers with a vehicle in the Bronx on Sunday, the NYPD said.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Police are searching for the gunman in an overnight shooting that left four people injured at a park in Harlem.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
Rep. Dan Goldman is facing Brad Lander, the former NYC comptroller, in an intense Democratic primary for New York's 10th Congressional District.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
A small plane crashed into a lake in West Milford, New Jersey, on Saturday.
The community of Paterson, New Jersey, gathered Friday to root on one of their own in the World Cup.
A West Milford, New Jersey, homeowner says her poodle, named Squilliam, helped her escape a house fire early Friday morning.
Firefighters in Hempstead used a ladder truck to free a seagull that got tangled in a rope above a busy street.
Adventureland reopened Saturday, but its new Wave Twister ride remained closed one day after 15 kids and one adult were stranded on the ride for hours.
Fifteen children and one adult were rescued Friday evening after they got stuck on a ride at Long Island's Adventureland amusement park.
Firefighters responded to Adventureland amusement park on Long Island after a ride got stuck Friday night. Dan Rice reports from Chopper 2.
Surveillance video shows a father and a smoke shop owner stop a would-be carjacker from driving away with two children on Long Island.
Rep. Dan Goldman is facing Brad Lander, the former NYC comptroller, in an intense Democratic primary for New York's 10th Congressional District.
The Justice Department says it's released "every document required by the Epstein Files Transparency Act," but CBS News has identified numerous gaps.
Sen. Bernie Sanders and NYC Mayor Zohran Mamdani joined forces Thursday in a last-minute attempt to help three left-of-center congressional candidates win their primaries.
After a tourist from India suffered fatal injuries when horse carriages collided in Central Park, the NYC Council said it will consider banning the attractions entirely.
Republican Rep. Tom Kean Jr. of New Jersey will return to Congress on June 30, his spokesperson said, after being away since March in an unexplained absence that has confounded Capitol Hill.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
When a large tent appeared next door to Taylor Swift's Watch Hill estate this week, it didn't take long for speculation about the superstar's impending nuptials to ripple through the affluent New England seaside village.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
Wyndham Clark began the final round up six shots, but ended up winning by just one, securing his second U.S. Open title in four years.
The Cincinnati Reds beat the New York Yankees 4-1 on Sunday.
Serena Williams recently returned to competition in doubles after nearly four years away from professional tennis.
Kyle Schwarber homered three times and Bryce Harper hit for the cycle as the Phillies routed the Mets 15-3 in Philadelphia.
Sal Stewart tied a career high with six RBIs and the Reds pulled away for a 10-2 rout of the Yankees on Saturday.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
Knicks fans who couldn't make it to Thursday's parade still found a way to celebrate across New York in true blue-and-orange fashion.
A vending machine in Coney Island is offering something unusual alongside the neighborhood's classic attractions: original artwork from local artists.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Vanessa Murdock has your weather forecast for June 21 at 6:30 p.m.
Police say a concertgoer fell to his death Saturday night at Madison Square Garden. As new details emerge about the man from Connecticut, questions remain about how this happened. CBS News New York's Elle McLogan reports.
The wedding rumors surrounding Taylor Swift and Travis Kelce have a Rhode Island beach town on high alert.
Hundreds of people gathered in Times Square on Sunday to celebrate the summer solstice with yoga.
A crash sent a car flying into a bank in Brooklyn on Sunday morning.
