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.
Pete Alonso homered against the Mets, a solo shot in the first inning that sent the Orioles to a 7-1 victory Wednesday night.
Family and the Bridgeton, N.J., community held a vigil Wednesday, marking seven years since Dulce Maria Alavez's disappearance.
Mayor Zohran Mamdani is toning down his rhetoric about the arrival of Israeli Prime Minister Benjamin Netanyahu, who he once threatened to arrest.
Some New York City public school students with special needs still don't have school bus service almost one week into the school year.
The typical age a person in the U.S. starts a master's program is 33, but one Long Island teenager is about to shatter that timeline.
Mayor Zohran Mamdani is toning down his rhetoric about the arrival of Israeli Prime Minister Benjamin Netanyahu, who he once threatened to arrest.
Some New York City public school students with special needs still don't have school bus service almost one week into the school year.
The typical age a person in the U.S. starts a master's program is 33, but one Long Island teenager is about to shatter that timeline.
New legislation aims to put a stop to fraudulent ticket sales in New York City's Battery Park.
Every year, presidents, prime ministers and diplomats from around the world gather for the event. It's the job of the U.S. Secret Service to keep them safe.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Severe storms returned to the Tri-State Area, making it a soggy Thursday morning.
The rain returns Tuesday with the possibility of severe storms and downpours that can cause flash flooding in the New York City area.
Family and the Bridgeton, N.J., community held a vigil Wednesday, marking seven years since Dulce Maria Alavez's disappearance.
A New Jersey Republican county chair has been charged with pointing a weapon at another driver in what state police call a road rage incident.
The missing person is a 64-year-old man from Southampton, Pennsylvania, who is set to be married in two months.
Thousands of gallons of diesel fuel spilled from an AI data center in Secaucus, the New Jersey Department of Environmental Protection said.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
The typical age a person in the U.S. starts a master's program is 33, but one Long Island teenager is about to shatter that timeline.
Joe Petraro-Hyppolite has a 168 IQ and is set to graduate with his undergraduate degree in May. CBS News New York's John Dias has more on what else this young man has already accomplished.
The New York State Board of Regents has approved a plan to begin overhauling high school graduation requirements.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
Also known as New York State Route 27, Sunrise Highway has become so congested in one 10-mile stretch in Suffolk County, officials and first responders say it needs another lane in both directions. CBS News New York's Carolyn Gusoff reports.
Seventeen new modular public bathrooms are being installed across New York City as part of a yearlong pilot program.
Lawmakers are targeting what are often called "e-motos," which are devices being sold as e-bikes and e-scooters but can go much faster than what's legal on city streets.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
New York City Mayor Zohran Mamdani unveiled Tuesday his 10-year street safety plan called Vision Zero Reimagined.
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
As of late August, the September 11th Victim Compensation Fund has received 112,000 claims, awarding more than $18 billion.
A cosmetic treatment that promises breast enhancement without surgery is now at the center of a fight over who regulates human tissue in New York.
Twenty-five years after the terrorist attacks on Sept. 11, 2001, the health threat hasn't ended for many survivors.
The iconic Peanuts character Snoopy is getting a new look for the 100th Macy's Thanksgiving Day Parade in New York City.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Pete Alonso homered against the Mets, a solo shot in the first inning that sent the Orioles to a 7-1 victory Wednesday night.
Luke Keaschall went 3 for 5 and scored from second base on Victor Caratini's game-ending single in the 13th inning to send the Minnesota Twins past the New York Yankees 5-4.
Coby Mayo's inside-the-park homer in the 11th inning sent the Orioles to a 7-5 victory over the Mets on Tuesday night.
Max Fried earned his first victory since April 27, backed by home runs from Cody Bellinger and Spencer Jones that helped the New York Yankees keep pace in the AL East race with an 8-1 win over the Minnesota Twins.
The Yankees beat the Twins 8-3 Monday on a night they clinched their 61st postseason berth and ninth in 10 seasons.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
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.
Madonna will kick off the 2026 MTV Video Music Awards with a live performance.
CBS News New York's Lonnie Quinn has your First Alert Forecast for September 16 at 11 p.m.
Tenants got the chance to voice their concerns face-to-face with NYCHA leadership Wednesday at a forum in Queens, and many of the issues are problems CBS News New York investigative reporter Tim McNicholas has been digging into for years.
The NTSB is investigating after three people were killed when a news chopper crashed in Los Angeles. CBS News New York's Dick Brennan reports.
Two people are recovering after a stabbing at Westchester Community College. Police say it all began with a fight outside the student center. CBS News New York's Naveen Dhaliwal reports.
