Tag: pay raise
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FINAL: 2023 Social Security Pay Raise
Over the past few months, there has been much discussion on the estimated Cost-of-Living Allowance (COLA) for 2023. We’ve had various estimates ourselves, but without the final CPI-W numbers, it was largely speculation, especially early in the year. The Verdict The final COLA, effective Jan 1, 2023, will be 8.7%. This figure applies to SocialRead…