Article Snip: "...Since the CPI-W is an inflation-based index, Trump's tariff policies might increase Social Security's 2026 cost-of-living adjustment. ...only the CPI-W readings from the third quarter (July through September) are used to calculate Social Security's COLA. If the average CPI-W reading in the third quarter is higher than during the comparable period of the previous year, inflation has occurred and beneficiaries are due a raise for the upcoming year."
Reference: www.fool.comSunday, April 13, 2025
Will COLA for Social Security Be Higher in 2026 Due to Tariff Policies?
Monday, June 17, 2024
Yay! Bidenomics CPI Manipulation Got You Again | Inflation isn't as bad as yo feel it, don't believe your lying purse
Title: Cooling Inflation Has 2025 Social Security COLA Estimate Dropping
Article Snip: "These latest estimates are based on the Bureau of Labor Statistics’ (BLS) consumer price index (CPI) data for May, ... For the month, the index decreased 0.1% prior to seasonal adjustment. ...As such, the CPI-W can undercount when compared to spending patterns of older consumers Consumer Price Index for the Elderly (CPI-E), which means it can subsequently underpay Social Security recipients, she notes. “This disparity suggests that my COLA estimate, which is based on the CPI-W, may be undercounting real senior inflation by more than 10%,” says Johnson. "
Reference:Wednesday, May 8, 2024
Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors
Article Snip: "...cope with the runaway inflation of earlier this decade and the continued high prices for food, housing, utilities and other necessities.
That’s forcing more of them to spend their emergency savings, carry debt on credit cards or apply for assistance programs, according to The Senior Citizens League, a nonpartisan public education and advocacy group. ...senior citizens are often in a more difficult predicament because many live off fixed incomes. Many depend heavily on Social Security – some 42% of elderly women and 37% of elderly men rely on the monthly payments"
Monday, October 16, 2017
2% COLA for Federal Retirees in 2018
Title: 2% COLA for Federal Retirees in 2018
Article Snip: "...COLA for federal annuities is determined in reference to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is calculated by economists and statisticians with the Bureau of Labor Statistics (BLS). The CPI-W is the current index used for measuring increases in the prices of consumer goods such as food and beverages, housing, clothing, and gasoline..."
Reference: www.fedsmith.com