So, after many months of contemplating, researching, pre-screening appointments, deciding, and waiting on insurance approvals, Ben and I are both having Gastric Bypass Surgery!


Recent news media stories are highlighting information from the Congressional Budget Office that projects beneficiaries may not see COLA increases for the next three years because of the current economic slump. This coverage is causing a spike in inquiries. Furthermore, the Social Security Trustees will issue a report this week mentioning the potential likelihood of no COLA this year.
However, Social Security will not have information available about the cost-of-living adjustment (COLA) for 2010 until October 2009. By law, we generally adjust benefits payable each January based on the increase in inflation from one year to the next. Specifically, the Bureau of Labor Statistics measures the increase in the Consumer Price Index (CPI) from the 3rd quarter of one year to the 3rd quarter of the next year. If there is no CPI increase, there is no COLA. Until the CPI data is available in mid-October 2009, we cannot determine if there will be an automatic COLA this year.
If there is no COLA:
