The 2026 Social Security cost-of-living adjustment is renewing concerns about whether older North Dakotans can keep up with the price of everyday essentials.

Seniors will see a 3.6% increase in Social Security benefits beginning in January, which averages an extra $75 per month. About one in 10 North Dakotans age 65 and older live below the federal poverty line, according to U.S. Census Bureau data.

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Josh Askvig, state director of AARP North Dakota, said it will provide some needed relief but in a recent survey, most older adults said it will not be enough.

"With most reporting that a COLA of 5% to 8% would be closer to what they need to keep up with inflation," Askvig explained.

Askvig noted the annual adjustment often falls short of what people need. He emphasized the importance of the upcoming November election, as elected lawmakers could face major decisions about the future of Social Security.

The Social Security Retirement and Survivors Trust Fund is projected to run short of reserves in late 2032, leaving enough income to pay only 78% of scheduled benefits unless Congress acts.

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Askvig pointed out the issue affects younger workers as well as current retirees, since both have a stake in the program’s future.

"The folks that are running for U.S. Congress in North Dakota, U.S. Senate around the country that get elected in this election are likely going to be in Congress or the U.S. Senate when decisions need to be made about how we make sure that 20% benefit cut doesn't happen," Askvig underscored.

Askvig said more than 153,000 North Dakotans receive Social Security benefits, bringing roughly $3.4 billion into the state's economy each year.

"It's not just about the individual beneficiaries, that's really important, but it's also about how those payments then help our small towns and help our communities thrive and grow," Askvig said.

North Dakota voters can already cast absentee ballots ahead of the November 3 election, while counties can offer in-person early voting beginning up to 15 days before Election Day, though availability and hours vary.