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COLA Change: How Much Would You Lose?
Posted By Kim Keister On February 13, 2013 @ 2:11 pm In Washington Watch | Comments Disabled
The chained CPI – a proposal to change the way the cost-of-living adjustment (COLA) is calculated for Social Security and veterans benefits – can be as confusing as its name. And with it comes a number of daunting statistics:
But what impact would the chained CPI have on you specifically?
Now you can easily find out.
A new AARP online calculator shows how much less you would receive over the years if the chained CPI goes through.
Try it here.
And if you don’t like the results, you’ll have a chance to let your elected officials know.
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URL to article: http://blog.aarp.org/2013/02/13/cola-change-how-much-would-you-lose/
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