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Tuesday, September 20, 2011

The Impact of Cutting Social Security Cost of Living Adjustments on the Living Standards of the Elderly

The Impact of Cutting Social Security Cost of Living Adjustments on the Living Standards of the Elderly

While this proposal for Social Security is still under debate, it has been several years since St Louis retiree teachers have had a COLA (cost of living adjustment) from their pensions. From the point of view of some retirees, the COLA issue - along with related concerns over the work of the pension board - are central points of contention in school reform politics.