Boost for So­cial Se­cu­rity checks

Chicago Sun-Times - - NATION/WORLD -

WASH­ING­TON — Tens of mil­lions of So­cial Se­cu­rity re­cip­i­ents and other re­tirees will get a 2.8 per­cent boost in ben­e­fits next year as in­fla­tion edges higher.

Fol­low­ing a stretch of low in­fla­tion, the cost-of-liv­ing ad­just­ment, or COLA, for 2019 is the high­est in seven years. It amounts to $39 a month for the av­er­age re­tired worker, ac­cord­ing to es­ti­mates re­leased Thurs­day by the So­cial Se­cu­rity Ad­min­is­tra­tion.

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