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.
A New Jersey man says his t-shirt nearly got him kicked off a United Airlines flight.
There was confusion and frustration at Yankee Stadium on Sunday night for the final show of Jay-Z's anniversary concert series.
Shocking video shows the chain-reaction crash caused by a wrong-way driver in Brooklyn that ended with another car hitting a deli.
The New York Mets have stumbled into the All-Star break after their worst first half in 31 years.
People in the New York City area should brace for more extreme weather this week.
There was confusion and frustration at Yankee Stadium on Sunday night for the final show of Jay-Z's anniversary concert series.
Shocking video shows the chain-reaction crash caused by a wrong-way driver in Brooklyn that ended with another car hitting a deli.
People in the New York City area should brace for more extreme weather this week.
A vigil was held Sunday in Brooklyn for Kinu Rochford, who was shot and killed during a basketball tournament in Harlem on Friday night.
Soccer fans in the Tri-State Area and Mexico traded Panini World Cup stickers Sunday in hopes of breaking the world record for the largest sports sticker exchange.
People in the New York City area should brace for more extreme weather this week.
Some storms returned to the New York City and New Jersey area on Friday.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Severe thunderstorms swept through New York and New Jersey on Saturday night, causing damage amid Fourth of July festivities.
The brutal heat wave caused power problems across New York City on Friday.
People in the New York City area should brace for more extreme weather this week.
Soccer fans in the Tri-State Area and Mexico traded Panini World Cup stickers Sunday in hopes of breaking the world record for the largest sports sticker exchange.
A grandmother and her 8-year-old granddaughter were killed in a house fire in Orange, New Jersey, on Saturday morning.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Two men and a woman were shot at a basketball court late Friday night in Harlem, according to New York City police.
Some storms returned to the New York City and New Jersey area on Friday.
The Smithtown Library on Long Island opened all of its doors Thursday, nearly two years after a wave of water flowed through the building during catastrophic flooding. CBS News New York's Jennifer McLogan reports.
Some people who watched the FourLeaf Air Show at Jones Beach over the weekend are claiming the colorful smoke from the performing planes damaged their boats.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Three arrests have been made in a large-scale mail-theft scheme that struck over and over again right outside of Long Island post offices.
Sen. Mitch McConnell released a statement on his health on Sunday along with a photo of himself and his wife, Elaine Chao, after questions swirled about his condition.
President Trump paid tribute to the late senator, who was reportedly scheduled to do an interview on Sunday.
The subpoenas were issued after the New York Times reported on alleged security concerns with the new Qatari-gifted Air Force One.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
All of the Upper East Side buildings with cooling towers that tested positive for Legionella bacteria have completed necessary cleaning, New York City health officials said Sunday.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
New Jersey is one of more than a dozen states that are working to collect, remove and destroy all of their aqueous film-forming foam.
Healthcare leaders in New York are warning of a potential caregiver crisis if TPS is permanently revoked from immigrant healthcare workers.
New York state health officials said Friday there are now approximately 470 cases statewide of the intestinal disease cyclosporiasis since May 1.
There was confusion and frustration at Yankee Stadium on Sunday night for the final show of Jay-Z's anniversary concert series.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Taylor Swift and Travis Kelce were married in a place that generates plenty of garbage, and one man figured out there is a market for it if you package it just right.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
The New York Mets have stumbled into the All-Star break after their worst first half in 31 years.
Ben Rice hit a two-run triple in the top of the eighth inning to give the Yankees their third straight come-from-behind victory over the Nationals, 5-3 on Sunday.
The Red Sox extended their winning streak to nine by beating the New York Mets 3-2 Sunday.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
Trent Grisham's two-run homer in of the eighth inning gave the Yankees another comeback victory over the Nationals' bullpen, 4-2 on Saturday.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
Religious institutions across the country are exploring how their properties can help address the affordable housing crisis, with a Brooklyn development offering a model for blending community needs with faith-based missions.
The Classical Theatre of Harlem's artistic director says Shakespeare's famous tragedy is more relevant today, though audiences can always expect a twist.
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.
There was confusion and frustration at Yankee Stadium on Sunday night for the final show of Jay-Z's anniversary concert series.
Family and friends held a vigil in Brooklyn on Sunday to remember a beloved basketball player who was killed doing what he loved. There are still no arrests in Friday night's shooting in Harlem. CBS News New York's Naveen Dhaliwal reports.
A chain-reaction crash caused by a wrong-way driver in Brooklyn ended with another car lodged in a deli Sunday morning. CBS News New York's Jenna DeAngelis reports.
Sen. Lindsey Graham died Sunday at age 71 after suffering a rupture in his aorta, a medical examiner says. CBS News New York's Allen Devlin reports.
CBS News New York's Vanessa Murdock has your weather forecast for July 12 at 6:30 p.m.
