Originally Posted by
Buck Rogers
The estimate for the Social Security COLA increase for 2022 is 9.6% ....it will be announced in Oct. That is on top of 5.9% for 2021. and another 1.3% for 2020, and 1.6% for 2019. So, the .gov has seen fit to increase SS by 18.5 % cumulative over the course of your open contract and you think 15% is gonna cut it?
You truly think sub inflation pay increases will garner 50%+1? I hope you are incorrect.
….and those increases will bankrupt the SSA even faster than currently projected and further increase inflation.