APWU: Seventh COLA, effective March 7, 2015, likely to be $0.00

For Employees Covered by the National Agreement In December 2014 the CPI-W unadjusted Index (1967=100) fell for the third month in a row (and four out of the last five months) to 684.828 driven largely by falling oil prices. Until the Index rises above 698.58, no COLA will be due. The seventh COLA adjustment under…

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Social Security Announces 1.7 Percent Benefit Increase for 2015

Press Release Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announced today. The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 58 million Social Security beneficiaries receive in January 2015. Increased payments to more than…

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