2009 COLA for Federal, Military and Social Security Retiree

COLA Still Up

"...on track for a 6.0 percent cost of living adjustment in January, 2009. Last month the COLA, which is based on the rise (and sometimes fall) of the Consumer Price Index, indicated a 6.2 percent retiree increase for 2009. ..."    

This Article is From: www.federalnewsradio.com

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COLA CPI-W Update: May 2008 CPI-W

May 2008 CPI-W COLA

"...The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.0 percent in May 2008 according to the Bureau of Labor and Statistics (BLS)..."    

This Article is From: www.narfe.org

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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]