What a surprise!
mrs.oroblanco said:I'd love to blame it on the politicians, I really would. But, the calculations for a COLA is a law that has been around for many years, 1973. (and, they had to calculate it as of the last time there was a raise.)
http://www.ssa.gov/oact/COLA/latestCOLA.html
Jeep,
I don't understand your post - how does the COLA affect your taxes and take-home pay? Government job?
Bth