Social Security COLA going up only 1.5%, smallest increase in 38 years

4 Nov

http://bit.ly/1ayFwps
Associated Press October 30, 2013 The logo of the Social Security Administration Social Security benefits for nearly 58 million people will rise only 1.5 percent next year, among the smallest increase since automatic adjustments were adopted in 1975, the government announced Wednesday. The cost-of-living adjustment, or COLA, is based on a government measure of inflation that was released Wednesday. The increase was small because consumer prices, as measured by the government, haven’t gone up much in the past year. Read more This article was posted: Wednesday, October 30, 2013 at 11:29 am Tags: domestic news , economics Print this page. Infowars

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: