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Social Security Watch

FACT: Chained CPI Would Result In a Larger COLA Increase for 2014

November 04, 2013 — Social Security Watch

MYTH:“Chained CPI would cut the 2014 Social Security cost-of-living increase of 1.5 percent to 1.2 percent.” - Robert Romasco, president of AARP FACT:If the more accurate chained CPI was used to determine the 2014 cost of living increase, seniors would see a 1.7 ...