Social Security & Medicare

LibinMo

(561 posts)

4. Looks like we'll have to wait indefinitely to find out 2014 COLA

Reply to ThingsGottaChange (Original post)

Wed Oct 9, 2013, 05:04 PM

Oct 2013

Shutdown delays notice of Social Security COLA
By STEPHEN OHLEMACHER, Associated Press
Updated 1:36 pm, Wednesday, October 9, 2013

WASHINGTON (AP) — Nearly 58 million Social Security recipients are still getting monthly benefits during the partial government shutdown. But they will have to wait to find out the size of next year's cost-of-living adjustment.

Social Security was scheduled to announce the annual raise Oct. 16. That's the same day the Labor Department was scheduled to release inflation statistics for September.

The Labor Department, however, said Wednesday it will not issue the inflation report because of the shutdown. No new release date was set.

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Any inkling yet on a 2014 SS Cola? [View all] ThingsGottaChange Jun 2013 OP

Way I heard it, it's supposed to be a very tiny raise. Mr. David Jun 2013 #1

Good thing there's no inflation CanonRay Jun 2013 #2

IIRC CPI has to rise above a threshold FogerRox Jul 2013 #3

Looks like we'll have to wait indefinitely to find out 2014 COLA LibinMo Oct 2013 #4

Thanks (I think) ThingsGottaChange Oct 2013 #5

I read 1.7% recently CountAllVotes Oct 2013 #6

That seems to be for 2013 ThingsGottaChange Oct 2013 #7

Oh geez, you are right CountAllVotes Oct 2013 #8

Yes, I saw info that I would be receiving a whole $20 a month raise. RebelOne Nov 2014 #9