To: Red Badger
so the cost of living goes up 15% and Sociable Insecurity pensions go up 1.5%
sorry, guys, but we see through that kinda “inflation protection”
5 posted on
08/05/2024 7:42:54 AM PDT by
faithhopecharity
("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
To: faithhopecharity
Social Security payments get an annual cost-of-living adjustment (COLA) to protect the purchasing power of benefits. *************
Note there was no mention or discussion of the difference between the rate of inflation and the COLA in article. It was conveniently ignored.
6 posted on
08/05/2024 7:58:04 AM PDT by
Starboard
To: faithhopecharity
7 posted on
08/05/2024 8:03:21 AM PDT by
PGalt
(Past Peak Civilization?)
To: faithhopecharity
Artificially reporting inflation numbers for COLAs is the only way a defined-benefit retirement program can remain solvent.
Anyone who tells you otherwise is either delusional or lying.
10 posted on
08/05/2024 8:09:42 AM PDT by
Alberta's Child
(“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
To: faithhopecharity
and of course, part b will go up and result in probably extra $25.00 per check. Insane.
20 posted on
08/06/2024 5:08:39 PM PDT by
Engedi
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