Social Security

Level of likely 2013 Social Security COLA declines in May

According to the Bureau of Labor Statistics, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.6 percent over the last 12 months to an index level of 226.600 (1982-84=100). For the month (of May) the index decreased 0.2 percent prior to seasonal adjustment.

This is the inflation indicator that determines the Social Security cost of living allowance.

For a more complete explanation read this post.


1 reply »

What's your opinion on this post? Readers would like your point of view.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s