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 […]
Why an automatic pension COLA is never a good idea. Social Security and state and local government pension plans make that clear.
Chicago, Providence. RI, the State of New Jersey, the federal government and many other entities are trying to deal with the cost of their employee pensions. Add to that the problems facing […]
The following is from a New York Times letter to the editor May 29, 2012: Re “Entitlement Reform for the Entitled,” by Ezekiel J. Emanuel (Op-Ed, May 21), proposing graduated eligibility for […]
This information has been updated and the projection is now closer to 1%. Click on the Social Security category on the right side for more recent information. Well it’s too early […]
Let me see if I have this right, recently the Trustees reported that Social Security is in worse shape than projected last year and Medicare is no better with its costs escalating […]