NPR logo John Ydstie Reports On Recommendations For Changing The Way

John Ydstie Reports On Recommendations For Changing The Way

John Ydstie Reports On Recommendations For Changing The Way

Audio will be available later today.

the government figures cost of living adjustments, known as COLA's. These adjustments determine the amount of Social Security, veterans and federal pension benefits each recipient will receive. Today, a Congressional advisory commission is expected to recommend re-calculating the formula for COLA's. The change could save the federal government billions of dollars between now and the year 2002.

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