BLS inflation data is being used to inform COLA calculations for Social Security and Medicare.
7 reports, 5 independent
Updated Sep 11
Gone quiet
- Reports
- 7
- Developments
- 3
- Repetition
- 86%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BLS inflation data is being used to inform COLA calculations for Social Security and Medicare.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Senior Citizens League argues that the Bureau of Labor Statistics data used for COLA calculations ignores the specific cost increases faced by the elderly.Sub-event
- Conflict drives inflation affecting benefit calculations for the Social Security Administration.Sub-event
BLS data informs SSA and Medicare COLA calculations.1 source
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The entities involved
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Social Security Administration
independent agency of the U.S. federal government
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Bureau of Labor Statistics
US government agency
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Medicare
US federal health insurance
Related events
- BLS released CPI-W data used for calculating the Cost of Living Adjustment (COLA) for Social Security benefits.
- The Bureau of Labor Statistics published data concerning covertly printed inflation, a topic discussed by Robert Kiyosaki.
- BLS released inflation data for US. Trump linked inflation to war with Iran.
- Mises Institute criticizes the Bureau of Labor Statistics' inflation measure.
- The Bureau of Labor Statistics released CPI inflation data on September 21, informing AARP's financial forecasts for COLA calculations.