tag:blogger.com,1999:blog-20674128.post1652114143360343633..comments2024-03-14T13:50:26.981-04:00Comments on Chaz's School Daze: All Social Security Retirees Will Get a 1.6% Cost Of Living Increase In 2020Chazhttp://www.blogger.com/profile/09964739497720364749noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-20674128.post-5086778222577405372019-10-14T12:38:22.670-04:002019-10-14T12:38:22.670-04:00 I asked who did you vote for mayor and most of ... I asked who did you vote for mayor and most of my colleagues voted Republican to my surprise .<br /> I asked them why and they said they rather pay more in taxes and their family to be safe.<br /> Henceforth 10 years later some of them are ATR’s and miserable and I asked them the same questions and <br />they told me they were still vote Republican for their family to be safe.<br /> Wow we are all mixed up and they should stop complaining and do something about it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20674128.post-24915748961384587552019-10-13T00:58:06.904-04:002019-10-13T00:58:06.904-04:00See the following webpage which mentions that COLA...See the following webpage which mentions that COLA is applied only to the first $18,000 of a pension:<br /><br />www.osc.state.ny.us/retire/retirees/cost_of_living_adjustment.php<br /><br />Therefore, if the COLA rate is 1% and if your pension is $70,000 annually, and if you are entitled to COLA, you should have received an increase of $180 annually (paid at the rate of $15 per month), and not $700 annually, starting in September 2019.<br /><br />An increase of $180 for the year (less the increased withholding taxes) may "address inflation as it occurs," but it doesn't <b><i>adequately</i></b> address inflation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20674128.post-77766893364897799842019-10-12T18:46:34.618-04:002019-10-12T18:46:34.618-04:00@8:28 can you explain how we do not get full cola...@8:28 can you explain how we do not get full cola?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20674128.post-14941821263396502912019-10-11T20:28:14.354-04:002019-10-11T20:28:14.354-04:00Some day our union will fight for a full annual CO...Some day our union will fight for a full annual COLA on our NYSTRS retirement pensions. (Full annual COLA is a part of the NYPD/NYFD, federal, and social security pensions.) It is the best hedge against inflation. Anonymousnoreply@blogger.com