Not exact matches
The Social Security Administration bases the
automatic cost of living adjustments (COLA)
increases for social security recipient on CPI - W, which is the Consumer Price Index For Urban Wage Earners and Clerical Workers.
Two additional states will receive
automatic increases based on the
cost of living effective Jan. 1.
Iowa Senator Tom Harkin and California Representative George Miller say their bill, introduced yesterday, would boost the minimum by 2015, followed by
automatic annual
increases tied to changes in the
cost of living.
Cost -
of -
living increases would be
automatic, avoiding what the attorney general called «the vicissitudes
of Albany sausage - making.»
When asked how they «reduced their budget gaps» over the past two years, fewer than half had eliminated or limited
cost of living raises for teachers, only 30 percent cut
automatic step
increases, and just 13 percent trimmed benefits.
Without full
cost of living protection (
automatic increases to match the actual rate
of inflation), the purchasing power
of benefits drops and injured workers» poverty rises.