[Ohio-talk] Just Announced - 2018 COLA

[Suzanne Turner]

Today, we announced a 2.0 percent cost-of-living adjustment (COLA) in 2018
for the more than 66 million Americans who receive monthly benefits.  The
Social Security Act ties the annual COLA to the increase in the Consumer
Price Index as determined by the Department of Labor's Bureau of Labor
Statistics.

The COLA will take effect with SSI payments paid on December 29, 2017, and
Social Security payments paid in January 2018.  Information about Medicare
changes for 2018, when announced, will be available at www.medicare.gov
<http://www.medicare.gov/> . 

You can find more details about the new COLA at www.socialsecurity.gov/cola
<http://www.socialsecurity.gov/cola> . 

 








 

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