WASHINGTON (AP) - Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, the government announced Wednesday.It's the third year in a row the increase will be less than 2 percent.The annual cost-of-living adjustment, or COLA, affects payments to more than 70 million Social Security recipients, disabled veterans and federal retirees.
Social Security Increase Will Be 1.7 Percent Next Year
By Steven Ohlemacher The Associated Press, The Macomb Daily
Wed, 10/22/2014 - 7:24am
Sections: u.s.
Topics: Michigan Macomb County Mount Clemens
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