Post Tagged with: "CPI"

Social Security Advocated Tells Lawmakers: Inflation Measure Shortchanges Elderly

WASHINGTON —The current inflation measure used to calculate yearly cost of living adjustments for Social Security recipients, the Consumer Price Index (CPI), understates the inflation that the elderly face, an advocate for the program says. And Nancy Altman, co-chair of the Social Security Works coalition, told lawmakers that instead of considering how to cut the cost of living adjustments, Social […]

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