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Every year, the Social Security Administration (SSA) evaluates Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) data to determine if an adjustment (COLA) should be made to RSDI (regular Social Security and Social Security Disability benefits) and federal Supplemental Security Income (SSI) benefits to reflect an increase or decrease in the cost of living. This year, SSA determined that there was an increase in the CPI-W from the third quarter of 2008 (the last year a COLA was determined) to the third quarter of 2011. Therefore, effective January 1, 2012, RSDI and SSI recipients will receive a 3.6% COLA. There was no COLA adjustment for either 2009 or 2010.
Please see 11 INF-12 for additional details regarding the SSI COLA.
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