Money

Our elected officials in Washington are considering adopting "chained CPI" as part of a budget deal, and AARP has created a new online calculator to show Americans how much they would lose if our legislators changed the way the cost-of-living adjustment is calculated for Social Security and veteran's benefits. By entering their age and estimated annual benefit, users can see how much less they would receive over the years if chained CPI is adopted.

Have you heard the phrase “chained CPI” lately? It’s an innocuous sounding name for a budget proposal that would cut Social Security and other benefits for today’s seniors and veterans – including disabled veterans and military retirees. But what does it mean?

As budget negotiations continue in Washington, AARP released an analysis showing the negative impact one proposal – the so called “chained CPI” -- would have on Wisconsin’s veterans’ compensation and pensions.

As elected officials consider adopting the chained CPI as part of a budget deal, AARP has unveiled a new on-line calculator to show Americans how much they would lose if Washington changes the way the cost-of-living is calculated for Social Security and veterans benefits. By entering their age and estimated annual benefit, users can see how much less they would receive over the years if the chained CPI becomes law.

For more than 50 years, AARP has been committed to protecting Social Security benefits for the millions of Americans who have paid into the program through a lifetime of hard work.

Have you heard the phrase "chained CPI" lately? It's an innocuous sounding name for a budget proposal that would cut Social Security and other benefits for today's seniors and veterans - including disabled veterans and military retirees. But what does it mean?

AARP Pennsylvania today announced its opposition to a newly-approved state Public Utility Commission order that would force customers to pay higher rates for electricity by making default electricity service plans more volatile and costly.

I have always enjoyed learning, whether it is traditional “book-learning” or the more spontaneous kind. Since receiving my Bachelor’s degree in 1980 from Emporia State University, I’ve returned to school many times for a class or two – I even completed 20 hours toward a Master’s degree before I met my husband. I stopped taking classes toward that degree to help him finish a very important job – raising three teenaged girls. Now, I’m a grandmother, with six beautiful grandchildren.

As budget negotiations continue in Washington, AARP Connecticut today released an analysis showing the negative impact one proposal – the so called “chained CPI” -- would have on Connecticut’s veterans’ compensation and pensions.

NASHVILLE – Tennessee Gov. Bill Haslam announced today the U.S. Small Business Administration (SBA) granted his request for a disaster declaration for Henderson and its contiguous counties as a result of severe storms, tornadoes and flooding that occurred on Jan. 29, 2013. “I’m glad we have good news on our SBA declaration request, and I hope all those who sustained damage to their homes and businesses from these terrible storms will find a measure of relief as they rebuild,” Haslam said.