Alaska Senators Demand Faster Social Security Benefit Increases for High-Cost Regions

Alaska’s senators Lisa Murkowski and Dan Sullivan have formally requested the Social Security Administration (SSA) to expedite the implementation of increased Social Security benefits for recipients in Alaska and other high-cost regions.

In a letter addressed to Acting Commissioner Dr. Kilolo Kijakazi, the senators emphasized the urgent need for prompt action regarding Social Security benefits. The request follows the recent announcement of a cost-of-living adjustment (COLA) for Social Security beneficiaries, scheduled to take effect in January 2024. For official details, see the 3.2% cost-of-living adjustment (COLA) for Social Security beneficiaries as outlined by the SSA.

The senators specifically urged the SSA to accelerate the higher federal income thresholds for Alaska residents. For further information on how these thresholds are determined, refer to the SSA’s application of higher federal income thresholds for Alaska residents. These adjustments are critical for individuals living in Alaska, Hawaii, and other territories with significantly higher living costs compared to the continental United States.

“Timely implementation of these adjusted thresholds is essential for Alaskans who face some of the nation’s highest living expenses,” stated Senator Murkowski. “The increased costs of basic necessities in our state make this adjustment not just important but necessary for many vulnerable residents relying on Social Security for retirement.”

Senator Sullivan added that the delay in implementing these adjustments creates financial hardship for many elderly and disabled Alaskans who depend heavily on these Social Security benefits for their daily needs.

The Social Security Administration has acknowledged receipt of the senators’ request and indicated that they are reviewing the feasibility of expediting the process. However, no specific timeline has been provided for when Alaska residents might see these adjusted benefits under current Social Security law. To learn more about how these adjustments are calculated, visit the SSA’s cost-of-living adjustment (COLA) resource.

Impact on Alaskan Social Security Recipients

The cost-of-living in Alaska significantly exceeds the national average, with basic necessities often costing 25-50% more than in the lower 48 states. This economic reality places additional financial strain on fixed-income residents, particularly during the harsh winter months when heating and food costs rise substantially.

The benefits affected include:

• Retirement benefits
• Disability payments
• Supplemental Security Income
• Survivor benefits

The senators’ advocacy represents an important step toward addressing these regional economic disparities within the federal benefits system. Their intervention through US Senate channels highlights the ongoing challenges faced by residents in high-cost areas who depend on accurately adjusted Social Security Administration benefits to maintain their standard of living during retirement.