What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?

A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.

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2023 Federal Retirement Cost of Living Adjustment (COLA)

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Social Security 2021 COLA of 1.3% Announced

Demystifying your cost-of-living adjustment (COLA) benefit - Ontario Pension Board