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The newest COLA estimate
The Bureau of Labor Statistics reported the March 2024 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.5 percent over the last 12 months. Based on this announcement, the Senior Citizens League has estimated the cost-of-living adjustment for 2025 will likely be between 2.6 percent and 3 percent. However, the government will not release the COLA increase for 2025 until mid-October of this year. John Manganaro reports on the latest estimate on COLA for 2025. Read Mr. Manganaro’s article here…
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