Tag: inflation
Panel’s specific recommendations would raise costs by 0.7 percent of payroll. Every four years the Social Security Advisory Board – a bipartisan government board that advises Congress and the President on challenges facing the Social Security program – appoints a Technical Panel to assess the reasonableness of the methods and assumptions underlying the Trustees’ long-term cost projections. …
The brief’s key findings are: In 2016, for only the third time in 40 years, Social Security beneficiaries are not expected to receive a cost-of-living adjustment (COLA). No COLA means that Medicare Part B premiums cannot increase for most beneficiaries, so a minority has to bear the full burden of rising costs. Beyond this immediat…
