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Jul 1, 2011

Chained CPI Under Consideration

RJ Eskow writes at the Huffington Post that switching the Social Security Cost of Living Adjustment (COLA) to the "chained CPI" method is under serious consideration. That may sound very technical but there is no question about it, switching to the "chained CPI" method would reduce future COLAs and would result over time in significantly lower benefits.

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