First, the Consumer Price Index determines the cost-of-living adjustment (COLA) for Social Security each year. The increase in Social Security payments is based on the CPI-W, which is a subset of ...

SSA bases its annual adjustment on the CPI. Additionally, anyone can use the index to calculate buying power by adjusting historical values to see how they stack up in today’s dollars.

These annual adjustments are on top of the large ... Ian Cain introduced the order for annual raises based on the Consumer Price Index of the Boston-Cambridge-Newton area. The order which was ...

The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

New government data shows the pace of inflation has subsided from pandemic-era highs. Social Security beneficiaries may see a ...

is responsible for calculating these adjustments and then applying them to people's benefit payments. Its COLA calculation hinges "on changes in the Consumer Price Index for Urban Wage Earners and ...