Chained CPI Hits Social Security Through Taxation of Benefits
The tax reform bill includes a technical change with the potential to cut into Social Security payments for future seniors.
The tax reform bill includes a technical change with the potential to cut into Social Security payments for future seniors.
The chained CPI has been incorporated into the federal tax system. What does this mean, and will it have an impact on the COLA calculations for federal retirees?
Alternative ways have at times been considered for computing benefits payments to federal retirees. The author describes some of the options.
The COLA increase for 2018 is edging higher. Here is an outlook for the 2018 COLA and proposals that could impact your current and future federal retirement.
I am a federal employee who is already retired under CSRS. Are there any proposals for retirement changes that would impact those of us who have already left federal service?
Changes are likely to occur in the federal retirement program. Here are some probable proposals that would impact current and future federal retirees.
Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.
What is the chained CPI and how would it impact the federal workforce if a new legislative proposal were adopted?
Senator Bernie Sanders (I-VT) said Friday that the chained CPI will not be a part of President Obama’s next budget.
The author says that the chained CPI which the president recently dropped from his budget proposal would actually have been a good thing because of its potential to help with reducing the national debt. He notes that the actual cost to federal retirees from the chained CPI would have been less than the cost of a pizza each month and illustrates its financial impact for federal pensioners.