Social Security official: COLA of 8% likely, due to high inflation - CBS News
6/9/2022 12:00:00 AM2 years 10 months ago
by Aimee Picchi
by Aimee Picchi
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
An official with the Social Security Administration said seniors and others who rely on the benefits program are likely to receive a cost-of-living adjustment "closer to 8%" at the end of 2022 due to… [+3473 chars]
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