No COLA increase for Social Security Recipients, including those on Disability
For the first time in five years, Social Security recipients, including those on Social Security Disability (SSD) or Social Security Supplemental (SSI) benefits, will not receive an increase cost of living adjustment. Benefits cost of living increases are determined by the rate of inflation. This year, the fact recipients will not receive a raise, is a direct result of lower gasoline prices. The inflation measure used by the Social Security Administration was down 0.6% for the 12 months that ended…