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General Discussion

WCGreen

(45,558 posts) Wed Dec 19, 2012, 06:34 PM Dec 2012

1

Here is a great page on the Social Security Web Site to explain how Cost of Living is calculated

now....

http://www.ssa.gov/oact/cola/latestCOLA.html

How is a COLA calculated?

The Social Security Act specifies a formula for determining each COLA. According to the formula, COLAs are based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). CPI-Ws are calculated on a monthly basis by the Bureau of Labor Statistics.

There is much more at the site.

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Here is a great page on the Social Security Web Site to explain how Cost of Living is calculated (Original Post) WCGreen Dec 2012 OP

Thank you! That is very useful, and clearly put. CaliforniaPeggy Dec 2012 #1

CaliforniaPeggy

(149,629 posts)

1. Thank you! That is very useful, and clearly put.

Reply to WCGreen (Original post)

Wed Dec 19, 2012, 06:36 PM

Dec 2012

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