A potentially history-making COLA is on track to be dwarfed by a rapidly climbing expense for select retirees.

Two councilors voted against the budget, citing concerns about exceeding the cost of living adjustment and insufficient school funding.

A recent study listed 12 states that have the highest cost of living in the country, and one state took home the title of the most expensive.

The two contracts approved at the supervisors’ last meeting include “market-based equity adjustments” in addition to cost-of-living adjustments.

GATESVILLE – After multiple work sessions, the Gates County Board of Commissioners have approved the FY 2025-26 budget. The $17,005,910 General Fund budget was revised from earlier proposals, the most ...

First, any increase in the cost of Medicare Part B could burden seniors tremendously. But also, based on estimates so far, next year's Social Security cost-of-living adjustment (COLA) is not ...

After decades of raises that didn’t even keep up with the rising cost of living, the union went into contract negotiations boldly demanding an 8% raise each year of the contract—plus a cost-of-living ...

Revised COLA Formula for More Accurate Inflation Adjustments Another important change is the overhaul of the Cost-of-Living Adjustment (COLA) formula.

Unsafe living conditions and lack of safety measures can also create financial tension, forcing seniors to choose between safety and affordability.

To keep pace with rising prices, Social Security applies an annual cost-of-living adjustment (COLA) that takes effect in January each year. The Senior Citizens League (TSCL), a nonprofit ...