Making a cost-of-living adjustment (COLA) to Social Security benefits might actually be detrimental to retirees, not helpful.

The Social Security Administration announced today that, for the first time since the 1970s, no Cost of Living Adjustment (COLA) to retirement benefits will be paid in January 2010.

Outrage about the absence this year of a cost-of-living adjustment for Social Security recipients is based on ignorance of the system.

It is time for Congress to adjust the Social Security benefit formula to make sure that neither unintended windfalls nor penalties take place.

An oddity due to the Cost of Living Adjustment to Social Security demonstrates the need for simplifying Social Security's structure.

A Social Security quirk will reduce payments for retirees born in 1947 due to Cost of Living Adjustments and could cause a typical sixty-two-year-old couple to lose almost $25,000 in benefits over their lifetimes.

The president's fiscal commission should recommend that social security be reformed with an increase in the retirement age, a progressive cut in benefits, and encouraging broader retirement savings outside of Social Security.

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