Itís Your Money > Social Security and Pensions

Social Security Not Keeping up With Seniors' Rising Costs

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JD:
[post deleted, Bigrod said the same thing - JD]

Art, just a re(tired) Fil-Am:
Since I retired in 1997 my combined COLA to date came to about 59% (if my math is correct) just for my SSA, need to go and check if about the same for my CRS Pension, Military Pay and my VA Comp, but I'm sure it's within the ball park with my SSA. All surely helped out though with my income to increase from age 49, 60 and since 62 to 68, but now stagnate like everyone else to date. I'm now 68 yrs old.
Yeah, I'm a "Quadruple Dipper".

1997   2.1 age 49 - Yr retired, receiving only my CRS Pay and 30% VA Comp
1998   1.3
1999   2.5
2000   3.5
2001   2.6
2002   1.4
2003   2.1
2004   2.7
2005   4.1
2006   3.3
2007   2.3
2008   5.8  age 60 - Yr started to collect my military reserve pay
2009   0.0
2010   0.0  age 62 - Yr started to receive my SSA, reduced by the Windfall Project
2011   3.6
2012   1.7
2013   1.5
2014   1.5
2015   1.7
2016   0.0 age 68
2017   0.3
Total  59%

bigrod:
I only count my SS as rising since I started at 62, so that would be 2010.  Now my retired military pay has doubled since I retired in 1988.

Chuck

Art, just a re(tired) Fil-Am:

--- Quote from: bigrod on May 08, 2017, 05:35:00 PM ---I only count my SS as rising since I started at 62, so that would be 2010.  Now my retired military pay has doubled since I retired in 1988.

Chuck

--- End quote ---
Wasn't that great though? Those annual COLAs certainly boosted our pensions over the years. I'm surely thankful when the going was good back in them days. Now, not so much!
What I posted earlier was just for the SSA reference and the the 59% was a little misleading since I too started collecting my SSA at 62 and I didn't put in all the numbers for military, civilian and VA pay.
Anyway, like you my over all combined pensions did double or triple to date.

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