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Should the Social Security COLA be measured with a senior-focused inflation metric?

On HALO

3 days ago

Social Security benefits will get a boost for next year following the announcement of the annual cost-of-living adjustment (COLA) on Friday, a debate is emerging over whether there is a more appropriate inflation gauge that should be used to update benefits.The Senior Citizens League (TSCL) released a report noting that the current inflation gauge used to compute the annual Social Security COLA, known as CPI-W, has yielded slightly smaller COLAs than would've been doled out using an elderly-focused inflation metric, known as CPI-E. It found the average CPI-E is about 0.1 percentage points high...

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3 days ago
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