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Automatic Increases |
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Office of the Chief Actuary |
Effect of COLA on Social Security Benefits |
COLA effect on Social Security retirement benefits |
The automatic cost-of-living adjustment (COLA) for December 2008 is 5.8 percent. The COLA is first payable in January 2009. The table below provides estimated average benefits for those in current-payment status at the end of December 2008 for selected types of beneficiaries or families.
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