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Should Social Security's Cost-of-Living Adjustment Be Changed?
National Academy of Social Insurance
Apr. 28, 2011 Some recent deficit reduction proposals call for shifting to a chained CPI to determine the cost of living adjustment (COLA) for Social Security. Others call for using a special price index for the elderly to adjust benefits. This fact sheet examines the consequences of each change on beneficiaries' incomes, program costs, and the economic security of older Americans. MORE >> |
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