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2009 cola social security is the Cost Of Living Adjustment for retirees or disable people for 2009 obtaining a benefit from social security, in other words, it is how much more the person receive each year in their monthly benefit/check, so it balances with the monetary increase of the CPI (consumer price index)- [which determines the cost of services and products such as energy, food, medical and transportation.] So the amount they receive can be used to keep up with the increases in the cost of daily living
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What is the social security cola for 2013?
The Social Security cost-of-living adjustment (COLA) for 2013 was 1.7%.
What will the social security cola be for 2013?
2.0
Who will receive a COLA for Social Security?
All Social Security recipients receive COLA (Cost of Living Adjustments) in the years in which they are given. There was no adjustment for 2010, nor will there one for 2011 because of the way the government calculates inflation. Cash benefits will be paid at the same rate as in 2009.
Who decided that there would be no COLA for social security?
Congress
Does your social security Estimate go up when cola applies and you haven't received social security yet?
Yes
What is the projected 2010 cola for disabled veterans?
There is not going to be a COLA for 2010. As the current COLA is directly tied to the Social Security COLA, we get zip.
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 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.
Do only people who pay social security get Cost of Living Adjustment?
Those people who receive social security get the COLA as well as civil servic retirees.
What was the increase in Social Security payments in 2009 according to the Cost of Living adjustment for that year?
The increase in Social Security payments in 2009, as determined by the Cost of Living Adjustment (COLA) for that year, was 5.8%. This was based on the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the previous year to the third quarter of the current year.
What us president signed social security cola law?
Gerald R. Ford in 1975
Will there be a Social Security pay increase for 2011?
No. Congress announced in late October 2010 that there will be no cost of living adjustment (COLA), or pay increase, for Social Security recipients in 2011. The Social Security Administration will continue issuing checks at 2009/2010 levels because reports indicate inflation has not increased significantly since the SSA instituted a 5.8% increase effective January 2009.Earned-income limits will also remain at 2010 levels.
