Santa Clarita seniors can expect an increase in Social Security benefits beginning in January 2027. The Social Security Administration announced Wednesday a 3.6% cost-of-living adjustment (COLA) for 2027, marking the largest increase in four years amid rising inflation. The adjustment compares with a 2.8% increase in 2026 and is expected to boost average Social Security retirement benefits by $75 per ...

State Senator Scott Wilk, R-Santa Clarita, is pushing for Congress to not reduce social security benefits for individuals turning 60 in the year 2020 due to the coronavirus. The economic fallout from the COVID-19 pandemic could reduce social security benefits over a lifetime by almost $46,000 for individuals turning 60 in 2020 if the federal government does not act, according ...