Birdwatch Note Rating
2022-10-15 19:01:54 UTC - HELPFUL
Rated by Participant: CE851AEDC48D8DF8E5C03F5FD60D2DB7740F9C6FC6B49ACB90FF8C2E3806F7CD
Participant Details
Original Note:
Cost of Living Adjustment (COLA) is automatic based upon inflation and is based upon CPI-W (Consumer Price Index for Urban Wage Earners and Clerical Workers) While COLA did go up, it wasn't the direct result of recent legislature requiring it to do so. https://www.aarp.org/retirement/social-security/questions-answers/social-security-calculate-cola.html https://www.ssa.gov/oact/STATS/cpiw.html
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