Hall County Government
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Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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No Social Security COLA Causes Medicare Flap (PDF)
Center for Retirement Research at Boston College Aug. 25, 2015 "In 2016, for only the third time in 40 years, Social Security beneficiaries are not expected to receive a cost-of-living adjustment (COLA). No COLA means that Medicare Part B premiums cannot increase for most beneficiaries, so a minority has to bear the full burden of rising costs. Beyond this immediate flap, a broader issue is that Medicare premium growth is not fully captured by the inflation measure used to set the COLA. As a result, when Medicare premiums rise rapidly, older Americans cannot maintain their non-Medicare spending. In short, even the Social Security COLA does not fully insulate older households from the erosive impact of inflation." |
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