COLA DISAPPEARED IN 2027, BUT GOOD NEWS FOR THE FIRST TIME SINCE 2023 IS STILL MOVING FORWARD

THE COST-OF-LIVING ADJUSTMENT (COLA) OF THE SOCIAL SECURITY IN 2027 HAS DISAPPEARED HISTORICALLY, BUT THE FIRST GOOD NEWS OF THE PROJECT SINCE 2023 IS STILL MOVING FORWARD. COLA IS THE ANNUAL INCREASE GIVEN TO BENEFICIARIES TO OFFSET THE EFFECTS OF INFLATION (PRICE INCREASES)。