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A Little History on Social Security COLA 1975-2023
Matt Frankel provides a COLA history in this piece. Since the modern method of determining the Social Security COLA went into effect in 1975, the average has been 3.77%. This is the result of adding all the historic COLAs since that time and dividing by 49 years of annual adjustments. COLAs have varied dramatically including zero in three different years. It has reached double digits twice, with a high of 14.3% in 1980. Full article here.
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