Sep 18, 2012

COLA for Social Security Beneficiaries

"...With one month left in the cost-of-living countdown, federal and military retirees and people who get Social Security payments are due an inflation-catchup raise of 1.38 percent in January...

federal-military-Social Security retirees get a raise each January if the cost of living (as measured by one of the Consumer Price Index components) for the months of July, August and September, rises above the level of that CPI for the previous year's third quarter."

Read more at FederalNewsRadio.com

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