Waiting for official announcement on COLA, but the prediction is…

In October, the Social Security Administration is expected to officially announce its cost-of-living adjustment (COLA). The adjustment is calculated based on data by the Bureau of Labor Statistics using the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W, through the third quarter. According to one new estimate from a nonpartisan group, the COLA for 2020 could be 1.6 percent, which is down from a 2.8 percent increase in 2019. Read article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.

Comments On This Topic

  1. I think Congress should share in the COLA program for their salary increases. They should also be on the current medicare & Social Security plans as all citizens are.

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers