Rep. Estes Statement on Social Security Increase for 2021
WASHINGTON – Congressman Ron Estes (R-Kansas) released the following statement following the Social Security Administration’s (SSA) announcement that SSI benefits will increase by 1.3 percent in 2021.
“As we continue to address the economic challenges resulting from COVID-19, our seniors who rely on Social Security must have the resources they need,” said Rep. Ron Estes. “This cost-of-living adjustment will help seniors across Kansas as our economy makes a full recovery. I look forward to continuing my work on the Ways and Means Committee to strengthen and reform Social Security for generations to come.”
Approximately 70 million Americans will benefit from a 1.3 percent cost-of-living adjustment (COLA) for 2021. This increase is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers from the third quarter of the last year COLA was determined to the third quarter of the current year.
Social Security and SSI beneficiaries are usually notified by mail starting in early December about their new benefit amount. This year, most people who receive Social Security payments will be able to view their COLA notice on the SSA’s website.