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No COLA for 2016


No Cost-of-Living Adjustment for 2016
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Social Security Matters Blog
No Cost-of-Living Adjustment for 2016
10/15/2015 10:30 AM EDT

Social Securityís annual cost-of-living adjustment (COLA) is an increase in the benefit amount people receive each month. By law, the monthly Social Security and SSI federal benefit rate increases when there is a rise in the cost of living.

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

--- Quote from: bigrod on October 16, 2015, 01:34:52 AM ---No Cost-of-Living Adjustment for 2016

--- End quote ---
So, is that an indication that the U.S. economy is stable?
I know nothing about economics and how COLAs are calculated.
It wouldn't really concern me not getting a COLA as long the cost
of everything stays the same without creeping up in cost before the
new year and or that the USD exchange rate doesn't take a sudden nose dive. 


It is my understanding that because oil prices are so low this affected the CPI by it not rising.  So no increase in COLA.


so, by that logic, none of the politicians in washington are getting raises...right?  or welfare earners?  yeah, I'm being a smart-a--.  No need to answer.

Take it to a hidden forum and tell us how you really feel haha!


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