Retiree COLA Gets Sweeter "...FERS employees get a reduced COLA (usually 1 percentage point less than the actual rise in inflation) starting at age 62...."
[Reference: www.federalnewsradio.com]
File: 2009 COLA Forecast
Showing posts with label 2009 COLA Forecast. Show all posts
Showing posts with label 2009 COLA Forecast. Show all posts
Friday, April 18, 2008
Friday, February 15, 2008
2009 COLA Forecast -v- Seniors on Social Security
Newly Released 2009 COLA Forecast Would Keep Five Million Seniors Below Poverty Line "... lobbying for a change in the Consumer Price Index (CPI) used to determine the COLA. The government currently calculates the COLA based on the CPI for Urban Wage Earners and Clerical Workers (CPI-W), a slow-rising index that tracks the spending habits of younger workers who don't spend as much of their income on health expenditures. ..." [Reference: prnewswire.com]
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