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Using a Different Cost-of-Living Measure for Social Security Beneficiaries: Some Policy Considerations


This report explains how the Social Security COLA is computed under current law and discusses some of the concerns that have been raised about the CPI-W as a true measure of the cost of living. It then provides a brief summary of alternative measures of inflation that have attracted recent attention, such as the C-CPI-U and the CPI-E. The report offers policy considerations with respect to changing the COLA calculation, including economic security among the eligible beneficiary population, the potential impact on older retirees' benefit amounts, administrative issues related to alternative price indices, and the financial impact on Social Security of basing the COLA on alternative CPI indices. It concludes with key recent proposals to require alternative COLA computations.


THE DOCUMENT INCLUDES FOLLOWING FILES:
# FILE NAME Document Date Order ID: Number of Pages PRICE
1 R42086.pdf Jan 10, 2013 R42086 14 $19.95 ADD TO CART

Older Versions:

Using a Different Cost-of-Living Measure for Social Security Beneficiaries: Some Policy Considerations  [Order No: R42086  Release Date: Dec 20,2012  Pages: 14]

Using a Different Cost-of-Living Measure for Social Security Beneficiaries: Some Policy Considerations  [Order No: R42086  Release Date: Jan 03,2012  Pages: 15]

Using a Different Cost-of-Living Measure for Social Security Beneficiaries: Some Policy Considerations  [Order No: R42086  Release Date: Nov 16,2011  Pages: 15]