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01/22/13
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01/22/13
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Last modified
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Meetings
Meeting Document Type
Agenda
Document Title
Personnel Committee
Document Date
01/22/2013
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I 1 ktor of Automatic (»t-tL.v in g Adinoetts Page 1 of <br />bcia Secun <br />The. ittitticiitit Website of the LI S. Sorsal SID'arr¢y Admtnistratiosi <br />Cost -Of- Livi ng Adjustment <br />COli. /4 liteeir <br />Adjostrifoits <br />Tacit <br />f.testbr di It, hoist) Aditittsfiresats <br />tithishary of Ai.dboottai fitostaait <br />Trylitie <br />History Of Automatic Cost -Of -Living Adjustments <br />Automatic benefit incLeases, allso known as cost -of -living adjiistiments <br />or CO1 As. nave been in effect since 1'1:175 <br />it he 1975-82 COLAs were effective with Socha!' Security benefit4. <br />payable. kyr Jyrne lryi,,eived by beneficiaries in iilluiryji 1111 Oaerl !,hose <br />years. After 1982, COV nave been f::ffectove wish beliefils payable for <br />December trecraiveal by benehroaLiesio January) <br />COLAs received in 1975-.2012 ire shown below <br />Automatic Cost -Of -Living, Adjustments <br />Ji8y 1075 -- 8 0111% January '11395 12 636, <br />July 1976 -- 6 4'11A January108 2 6% <br />JL y 187T — 5 '131110 January 1997 2 49 <br />.2 112 liy 11578 8 hytie ,hikh dory1998 210% <br />Po y 1979 —0 "bp, January '1999 —1.386 <br />Jully 1960 141 366 <br />.July1.9e,11 —11.2% <br />ituly 1082 -- 4111/1: <br />January 3984 — 1566 <br />January 1,985 1 5i% <br />January 119$6 <br />January 1967 —1 390 <br />January 191111 4 2% <br />January 1969 4 0% <br />January 1990 -i 4 7% <br />iJanuary 1991 — 5.40 <br />January 1902 3,7%, <br />January '1993 3 trn. <br />January 1994 2.6% <br />Ja111Liary 8699 533 <br />„Jro ua ry 20 — 3,5% <br />january 21121D2 2 6"0, <br />January 2003. 1 4% <br />January '004 186 <br />January 2005 -- 2 .'"2 zy, <br />January 2006 -- 4.1% <br />January 2017 <br />January 2006 - 2 3% <br />.0 2009 88% <br />January 2010 .r 0 CP/C <br />,1anuary 20111 0 00 <br />Lianuary 2012 .r 3 63'o <br />nuary 2013 1 7% <br />The 11:11864for December it Sbittk was ortbinally arlarrnanral as 2 1 peaferil <br />based rat biPlis, rablished by the tilitseed of Lithos 9 likersuani to Puhliti <br />Law Ibrib554, hoiatiever this. Chiti effectively VI1111,14 2' 5 riercent. <br />Lest reale wen or fin )th.6ed r0a16/2012 <br />Related Information <br />("2"232 1,3! irrn3..n1121, :311:3 <br />1:16,n2 A <br />Prees IRellerase ',;.a,ra„.., <br />ranrae aarr,aaa Irareerean <br />I rar:re „aaaa 'I 'a. <br />11.11..t.ra iduki <br />ht t p:// w ww. ssa.go v/colalautoinat ic-co I a 1 /9/20 1 3 <br />
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