Arkansas Vets Coalition: SSA Cola Watch – August Report (Updated Monthly)

Arkansas Vets Coalition

Veterans, Reserves and Active Duty from all parts of Arkansas and across the nation, coming together to support those persons who best exemplify the principles on which our nation was founded - Fiscal Responsibility, Independent & self-sustaining, Freedoms GUARANTEED by our Constitution and Bill of Rights, serving our country not for personal gain but for the common good!!
WE are dedicated to making a difference once more.
We have served in all branches of military beginning with the Revolutionary WAR and continuing in every conflict to include more recently from beaches of Normandy, in jungles of SE Asia, to conflicts in Bosnia, Somalia, The Gulf War, Iraqi Freedom, all through the Cold War Period of 1945 - 1991, dedicating our lives to fighting terrorism in both Afghanistan and Iraq,
we now arise to serve again, fighting to reclaim our country and the principals upon which is was founded!!.

20 August 2011

SSA Cola Watch – August Report (Updated Monthly)

Background: Under current law Social Security determines whether there will be a COLA for the succeeding year and its amount in October each year by comparing the average CPI-W (Consumer Piece Index – Urban Wage Earners And Clerical Employees) for July through September of that same year to the average CPI-W for July through September of the last year which produced a COLA. I call this the “baseline .” This year, the baseline we are working from is the period from July through September, 2008, which generated a 5.8% COLA in 2009. T

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