One-Time Payment in Lieu of a Social Security COLA.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Aging.

Budget--United States.

Budget.

United States.

Business cycles.

Physical Description:

1 online resource (24 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2010.

System Details:

text file

Summary:

Explains how the social security cost of living adjustment (COLA) is computed under current law, and discusses concerns about use of CPI as a true measure of cost of living for the elderly. Summarizes legislation introduced in the 111th Congress related to social security COLA issue. Presents policy considerations regarding use of one-time payment as form of economic stimulus; economic status of older Americans; means testing; parity for certain Government retirees and residents of U.S. territories; improper economic recovery payments under P.L. 111-5, the American Recovery and Reinvestment Act of 2009; and budget impact of such payments.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress.Congressional Research Service. One-Time Payment in Lieu of a Social Security COLA

Access Restriction:

Restricted for use by site license.