We're In the Money: SSA Pays COLA for 2012
The Social Security Administration (SSA) announced a cost-of-living adjustment (COLA) for 2012, the first since 2009. Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase by 3.6 percent. Read More
COLA? What COLA?
Recipients in all of Social Security’s benefit programs, including retirement, disability and SSI, will be disappointed again in 2011 because of no cost-of-living adjustment (COLA) for the second year in a row. Read More
No 2010 COLA Planned
And we are not talking about the tax on sugary soft drinks proposed by New York Governor Paterson as a method for closing the State’s budget gap. We are talking about that sacred cow, annual cost of living adjustments (COLA) in the Social Security programs linked historically to increases in the Consumer Price Index (CPI). Read More
SSA Announces 2009 COLA
On October 16, 2008, SSA announced its cost of living adjustments (COLA) for benefits effective January 2009. It is largest annual increase (5.8%) since 1982, and is based on the annual change in the Consumer Price Index. Read More