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                                                                                       October 11, 2019

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                                                                                                                                           Page 13
                 A
                 Aruba’s ONLY English newspaper ruba’s ONLY English newspaper
            Retiree checks to rise modestly amid push to expand benefits


            By RICARDO ALONSO-ZAL-
            DIVAR
            Associated Press
            WASHINGTON  (AP)  —  Mil-        WELL
            lions  of  retirees  will  get  a
            modest  1.6%  cost-of-living
            increase from Social Secu-
            rity in 2020, an uptick with
            potential  political  conse-
            quences  in  an  election        ADJUSTED
            year when Democrats are
            pushing more generous in-
            flation protection.
            The  increase  amounts  to
            $24  a  month  for  the  aver-
            age  retired  worker,  ac-
            cording  to  estimates  re-
            leased  Thursday  by  the
            Social  Security  Administra-
            tion. Following a significant
            boost this year, the cost-of-
            living adjustment, or COLA,
            for  2020  reverts  to  its  pat-
            tern of moderate gains.
            But seniors and advocates
            complain that the inflation
            yardstick  used  to  deter-
            mine  the  annual  adjust-
            ment  doesn't  adequately
            reflect  their  costs,  mainly
            for health care.             In this Oct. 9, 2019 photo, Joe Schiavone, 81, is seen in his yard in West Melbourne, Fla.
            The  COLA  affects  house-                                                                                                      Associated Press
            hold  budgets  for  about  1
            in  5  Americans,  nearly  70   mula  has  been  amplified  near-exclusive   concern  the discussion about Social  retirement  policy  expert
            million  people,  and  that   by Democratic presidential  with the program’s solven-   Security  is  about  how  can  Charles  Blahous,  who  as  a
            includes Social Security re-  candidates  and  congres-   cy  to  a  focus  on  expand-  we  promise  more  rather  former public trustee of So-
            cipients, disabled veterans   sional  Democrats.  That’s  ing  benefits,  including  but  than  how  can  we  keep  cial  Security  once  helped
            and federal retirees.        helped  to  shift  the  Social  not  limited  to  the  cost-of-  the promises we’re already  oversee its finances.
            Criticism  of  the  COLA  for-  Security  debate  from  a  living  adjustment.  ”Most  of  making,” said conservative    Continued on Next Page
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