Social Security's 2027 COLA could be the biggest in years
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
Watch CBS News
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
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.
President Trump's decision to put some tariffs on pause may have sent the stock markets soaring, but area lawmakers say it's only a temporary reprieve.
Social Security is delaying an in-person identity verification requirement by two weeks, but critics say the plan burdens beneficiaries.
Advocates are questioning if the move is to combat fraud or scale back government employees. CBS News New York's Jennifer McLogan reports.
New law means police officers, teachers and others with public pensions will now collect their full Social Security benefits.
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.
A quirk of the calendar means millions of Social Security recipients won't receive checks this month.
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.
Lawsuit claims hackers accessed "billions" of records, including Social Security numbers, by breaching background check company.
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
Some of the nation's 72 million Social Security recipients are getting a payment today — the second check this month.
Some big changes are in store for Social Security in 2024, including a top benefit approaching $5,000 a month, and higher taxes for some.
CBS News Business Analyst Jill Schlesinger joins us for a closer look at the numbers and tips for people who may be considering retirement.
With Social Security's annual cost-of-living adjustment less than half of the 2023 boost, seniors are at risk of losing ground, experts say.
U.S. lawmakers reached a last-minute deal to avoid a government shutdown Saturday. If one had occurred, however, here's how that could have affected Social Security recipients.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open.
Congress was in crisis mode Tuesday, trying to pass four short-term spending bills to keep some parts open. CBS New York's Jessica Moore reports.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Retirement program's reserves are slated to be depleted in 2033. New analysis says senior poverty could surge as a result.
President Joe Biden and House Speaker Kevin McCarthy announced late Saturday that they had reached an agreement in principle to raise the debt ceiling. Democratic House Minority Leader Hakeem Jeffries tells "Face the Nation" that he expects his caucus to vote for the deal because it "protects" Social Security, Medicare, Medicaid, veterans and the "American people."
CBS News Business Analyst Jill Schlesinger is here to explain and share some tips to prepare.
Robert Stock pitched shutout ball into the sixth inning, Mark Vientos homered in his return from the injured list and the Mets beat the Rays 3-2 on Monday night.
Michigan Congresswoman Debbie Dingell and New York Congressmen Tim Kennedy and Joe Morelle introduced the Hands Off Our Great Lakes Act, challenging President Trump's executive order renaming Lake Ontario "Lake America."
The 9/11 Memorial & Museum announced Monday it will educate visitors in new ways about the day of the terror attacks and the people who were inspired to give back over the last 25 years.
Mayor Zohran Mamdani signed legislation Monday to make outdoor dining on New York City streets a year-round extravaganza.
A man was arrested after he was seen on surveillance video stealing money from a kids' lemonade stand in New Jersey, police said.
The 9/11 Memorial & Museum announced Monday it will educate visitors in new ways about the day of the terror attacks and the people who were inspired to give back over the last 25 years.
Mayor Zohran Mamdani signed legislation Monday to make outdoor dining on New York City streets a year-round extravaganza.
Nurse Jiayi Zheng's death has left a Brooklyn community grappling with a tragedy that many say could've been prevented.
The NYPD is investigating a deadly police shooting that occurred in Times Square on Monday afternoon.
A hearing is set for Monday afternoon over a lawsuit filed on behalf of homeowners who say they shouldn't have to pay New York City's pied-à-terre tax.
Activity by ICE agents is putting a chill on the economy in parts of Connecticut after an estimated 100 people were recently grabbed off the streets of Danbury and other communities.
A First Alert Weather Day has been issued for Tuesday and Wednesday due to the threat of strong to severe thunderstorms.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
A man was arrested after he was seen on surveillance video stealing money from a kids' lemonade stand in New Jersey, police said.
Thirteen people were hurt when a shuttle bus crashed at Newark Airport early Monday morning.
Two people died and eight others were hurt in a shooting on Locust Street in Trenton early Sunday morning, officials say.
A First Alert Weather Day has been issued for Tuesday and Wednesday due to the threat of strong to severe thunderstorms.
A fire at a vacant house in Newark, New Jersey, spread to neighboring homes Saturday morning, displacing several families.
New York reports that overdose deaths across the state have fallen 45% since 2022. CBS News New York's Jennifer McLogan met with Long Island advocates and parents who say the mission continues.
They may have been a bit disappointed, but for students in two public school districts, summer vacation came to an end on Monday. CBS News New York's John Dias reports.
Nassau County's Jericho and East Williston are the first districts on Long Island to start classes.
Recent rainstorms have caused massive flooding problems in New York City. No borough knows the pain more than Queens, home of seven of the city's 10 hardest-hit communities.
Israel discusses the "technological miracle" of identifying victims of the 9/11 terror attacks 25 years after the planes hit the towers, and more. CBS News New York's Marcia Kramer reports.
Michigan Congresswoman Debbie Dingell and New York Congressmen Tim Kennedy and Joe Morelle introduced the Hands Off Our Great Lakes Act, challenging President Trump's executive order renaming Lake Ontario "Lake America."
Mayor Zohran Mamdani signed legislation Monday to make outdoor dining on New York City streets a year-round extravaganza.
Nurse Jiayi Zheng's death has left a Brooklyn community grappling with a tragedy that many say could've been prevented.
Activity by ICE agents is putting a chill on the economy in parts of Connecticut after an estimated 100 people were recently grabbed off the streets of Danbury and other communities.
A hearing is set for Monday afternoon over a lawsuit filed on behalf of homeowners who say they shouldn't have to pay New York City's pied-à-terre tax.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Robert Stock pitched shutout ball into the sixth inning, Mark Vientos homered in his return from the injured list and the Mets beat the Rays 3-2 on Monday night.
Lionel Messi played in six World Cups and led Argentina to win the tournament in 2022 in Qatar.
Pinch-hitter LaMonte Wade Jr.'s go-ahead two-run homer in the sixth inning helped power the Astros to a 6-3 win over the Mets on Sunday.
Austin Wells homered twice in a nine-run eighth inning, and the Yankees widened their lead in the AL wild-card race with a 16-1 win over the Red Sox on Sunday.
The Yankees beat the Red Sox 9-2 Saturday in the nightcap and earned a doubleheader split.
With tickets to the U.S. Open skyrocketing, tennis advocates in the Harlem community are working to make the sport more accessible for New Yorkers.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
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.
A jury in Las Vegas on Monday found Duane "Keffe D" Davis guilty of orchestrating the 1996 drive-by shooting that killed Shakur. CBS News New York's Allen Devlin reports.
Police said the attack happened in a matter of 20 seconds on Monday afternoon, and that they told the suspect to drop her knives numerous times. CBS News New York's Adi Guajardo has the latest.
CBS News New York's Scott Padgett says the systems will vary in intensity and hit during different parts of each day. But when it's all over, the stage will be set for a nice Labor Day weekend.
Joseph J. Vigiano lost both his police detective father and firefighter uncle on Sept. 11, 2001. CBS News New York's Vanessa Murdock has the story.
CBS News New York's Christine Sloan spoke with children who were recently stung, and experts about why we're seeing more jellyfish off our coast.