Talk of The Villages Florida - View Single Post - 2009 Social Security COLA - 5.8%
Thread: 2009 Social Security COLA - 5.8%
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Old 10-16-2008, 11:24 AM
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From Social Security website...

After 1982, COLAs have been based on increases in the CPI-W from the third quarter of the prior year to the corresponding quarter of the current year in which the COLA became effective.

CPI-W is consumer price index for wage earners. Up until 2 months ago, it was on track for a 6.2% increase, but prices (mainly oil)have moderated. 3rd quarter ended Sept 30.
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