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Posts tagged "COLA"

Will Congress choose the correct chained CPI for SSDI COLA calculations?

In the latest round of negotiations involving the budget and deficit issues, Congress made no decisions regarding changing the consumer price index (CPI) used to calculate the cost of living adjustment (COLA) for Social Security old age benefits and disability insurance (SSDI). The COLA is very important for seniors and the disabled who rely on those benefits, as it prevent inflation from eating away at the value of the benefit.

What can be done to keep SSDI solvent

While the fiscal cliff does not directly affect Social Security disability insurance (SSDI) benefit payment, as they have their own funding source, the program is facing its own financial problems, the most pressing of which is the exhaustion of the trust fund.

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Philip J. Fulton Law OfficeRepresenting Victims Of Workplace Injuries And Disability

89 East Nationwide Boulevard
Suite 300
Columbus, OH 43215

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