Cost-of-Living Adjustment Increases for 2012
For the first time since 2009, the Cost-of-Living Adjustment (COLA) will be increased to offset inflation. This is to be a 3.6% increase for more than 60 million Americans who receive Social Security and Supplemental Security Income (SSI). Payment increases will take effect for SSI beneficiaries beginning December 30, 2011 and for Social Security beneficiaries… Read more