NewzSince 1975, the Social Security Administration has implemented a yearly Cost of Living Adjustment. The benefit bump – except for 2009, 2010 and 2015 when the COLA was zero – helps prevent inflation from further eroding benefits for 75 million Social Security recipients. The benefit bump – except for 2010, 2011 and 2016 when the COLA was zero – helps prevent inflation from further eroding benefits for 75 million Social Security recipients.
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