Social Security Cost-of-Living Adjustments and the Consumer Price Index.

OASDI benefits are indexed for inflation to protect beneficiaries from the loss of purchasing power implied by inflation. In the absence of such indexing, the purchasing power of Social Security benefits would be eroded as rising prices raise the cost of living. By statute, cost-of-living adjustment...

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Bibliographic Details

Published in:	Social Security Bulletin Vol. 67; no. 3; pp. 73 - 89
Main Authors:	Burdick, Clark, Fisher, Lynn
Format:	Article
Published:	Social Security Administration 2007
Subjects:	Price inflation Cost-of-living adjustments Wages Consumer price indexes Social security beneficiaries
Online Access:	View this record in EBSCOhost