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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.
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
R42086.pdf
|
Jan 10, 2013 | R42086 | 14 | $29.95 | Add to Cart |
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R42086.pdf