WASHINGTON (AP) — Nearly 58 million Social Security recipients are still getting monthly benefits during the partial government shutdown. But they will have to wait to find out the size of next year's cost-of-living adjustment.
Social Security was scheduled to announce the annual raise Oct. 16. That's the same day the Labor Department was scheduled to release inflation statistics for September.
The Labor Department, however, said Wednesday it will not issue the inflation report because of the shutdown. No new release date was set.
By law, the inflation number is used to help calculate next year's automatic increase in benefits, or COLA. No inflation report; no COLA announcement.
The COLA, once it is announced, is scheduled to take effect for January payments.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Special Olympics New Mexico provides year-round sports training and athletic competition in a variety of olympic-type sports for children and adults with intellectual disabilities. Here to tell us more is Erin Gallegos, communication …
There is a cold front moving into the state this week and this is also the time that many families are making trips to visit families for the holidays. That makes it all the more important to remind you before you head out to keep an eye …
While pregnant, it's a good idea to stay healthy, exercise lightly and remain stress free. In your busy life this could be hard to do. Denise Gonzales, the manager from Blissful Spirits hot yoga studio, is here to show us some yoga moves …