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What was the cost of living adjustment for Social Security benefits in 2009?
It was 5.8%.
What is the Social Security cost of living adjustment in 2010?
There was no cost of living adjustment (COLA) in 2010 or 2011; benefits will continue being paid at the same rate as in 2009.
Did Social Security have a COLA in 2010?
No. Congress recently announced there will be no cost of living adjustment (COLA) for Social Security beneficiaries in 2011. The previous lack of adjustment in 2010 means the government will continue paying benefits at 2009 rates.
What does COLA stand for?
covered outside learning area Or: Cost Of Living Adjustment (As in "you ain't gettin' one.")
Which state has the lowest cost of living?
As of 09/28/2009 Oklahoma has the lowest cost of living. Tennessee is #2
What is a COLA?
COLA is the acronym for Cost Of Living Adjustment.
What is the purpose of a cost-of-living adjustment?
to counter the effects of inflation
Cost of Living by State?
form_title= Cost of Living by State form_header= Learn more about cost of living by state. Is there tax associated with living in a certain state?*= () Yes () No What states have the lowest cost of living?*= _ [50] In what state is the cost of living the highest?*= _ [50]
what is the cost of living adjustment for 2011?
There will be no COLA for 2011. There has been no increase in purchasing power and therefore no increase in COLA benefits. The most current explanation can be found here: http://www.ssa.gov/cola/
Is the cost of living adjustment for wage earners the same?
Not at all. Many if not most wage earners get no cost of living adjustment. Those who do get significantly less than 100% of the cost of living - keep this in mind the next time you hear that wage increases cause inflation!
What website can inform me about the cost of living by state?
I want to migrate to another state where the cost of living is cheaper than where I am living now. How can I find out the cost of living state-by-state?
Is there a raise for disabled veterans in 2010?
No, since increases in benefits are tied to the cost-of-living. Since there was no cost-of-living adjustment declared for 2010, there is no increase.
