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covered outside learning area Or: Cost Of Living Adjustment (As in "you ain't gettin' one.")
COLA is the acronym for Cost Of Living Adjustment.
There was no cost of living adjustment (COLA) in 2010 or 2011; benefits will continue being paid at the same rate as in 2009.
to counter the effects of inflation
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!
It was 5.8%.
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.
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.
barbonza? NO ! Cola, Coca Cola, COLA [ cost-of-living adjustment acronym ]
The Social Security cost-of-living adjustment (COLA) for 2013 was 1.7%.
Cost of living raises for military retirees are determined by the annual cost of living adjustment (COLA) set by the government. This adjustment is based on the Consumer Price Index (CPI) and is meant to help retirees keep up with inflation. The exact amount of the raise varies from year to year and is not guaranteed to keep pace with all increases in living expenses.
About $5K to congress and senate.....social security $0.00