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Sep 1, 2013

COLA To Be 1.5%?

     The Congressional Budget Office is estimating that Social Security's Cost Of Living Adjustment (COLA) for this year will be 1.5%.

3 comments:

  1. Just a heads-up to those who may read the linked article by Bankrate.com: There's a significant error at the end of paragraph 5 of the article. The
    cumulative loss through 10 years experienced by a typical retiree under Chained CPI is over four thousand dollars- not $240.00 as referenced.

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  2. More than the employees are getting.

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  3. infinitely more than the raises federal employees are getting. I wonder how many news articles we'll here about people on "fixed" incomes struggling.

    Haha. Apparently, the only way to get a raise is to stop working.

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