Setting the Story Straight on COLA

posted by Pam Villarreal @ 9:20 AM
August 25, 2009

Over the past several days, I have read some articles about the fact that next year's Social Security benefit payments will not be increasing as they normally do to keep up with inflation.  This is what is known as the cost of living adjustment (COLA).  According to some politicians and advocates, with rising health care costs, seniors are getting the short end of the stick unless an increase is in order.

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