On Inflation
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
On COLA By my calculation, the COLA increase for 2013 will be 1.51%. This is an important number for anyone who gets a monthly check from Social Security, or the Federal Workers/Military retirement plans. COLA is a flawed measure of inflation. The calculation has both over, and understated inflation the past few years. Recent [...]
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