rrlund- SS uses a different formula based on the CPI. It shows how SS calculates the increase in the link I provided...
COLA Computation The last year in which a COLA became effective was 2014. Therefore the law requires that we use the average CPI-W for the third quarter of 2014 as the base from which we measure the increase (if any) in the average CPI-W. The base average is 234.242, as shown in the table below.
Also shown in the table below, the average CPI-W for the third quarter of 2016 is 235.057. Because this average exceeds 234.242 by 0.3 percent, the COLA effective for December 2016 is 0.3 percent. The COLA calculation, with the result rounded to the nearest one-tenth of one percent, is:
(235.057 - 234.242) / 234.242 x 100 = 0.3 percent.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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