WJLA On The Money October 30, 2016
Benefits will be getting a small cost of living increase,. 3 . Thats an average of just 4 a month. Can retirees who rely on Social Security payments survive on those numbers . Saving the safety net is this weeks cover story. Reporter each year the Social Security administration determines how much the cost of living or c. O. L. A. Increase will be based on the Consumer Price index, and thats a basket of goods and services tracked by includes everything from food to housing to gasoline. Increases have ranged from more than 14 in 1980 to 0 in 2016. Critics say that c. O. L. A. Does not properly ...