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View Diary: Chained CPI Is Fraud, Need Constant COLA (39 comments)

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  •  Right bend points are adjusted each yr (1+ / 0-)
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    joe shikspack

    by the National Average wage index. If the bend points were static, over time the low end benefits would rise more than retirees who get a higher than average benefit.

    High earners benefits would suffer a form of reverse bracket creep.

    .................expect us......................... FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Wed Apr 17, 2013 at 05:52:29 PM PDT

    [ Parent ]

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