<VV> Dir`s Com - now "Fixed Incomes" - NO CORVAIR

[Bill Elliott]

If the COL (based on the CPI) is negative, then those with unchanged income 
got a raise.

;-)

Bill

----- Original Message ----- 
From: "Ken Wildman" <k-wildman at onu.edu>
To: "'Jim Houston'" <jhouston001 at cfl.rr.com>; "'Bruce Schug'" 
<bwschug at att.net>
Cc: "'VirtualVairs'" <virtualvairs at corvair.org>
Sent: Friday, December 04, 2009 11:57
Subject: Re: <VV> Dir`s Com - now "Fixed Incomes" - NO CORVAIR


> Jim:
>
> The reason is very simple.  There has been virtually no inflation during
> 2009 so the cost of living has not increased (based on the CPI) and so 
> there
> is no calculated COL for Social Security.
>
> In fact the COL, again based on the Consumer Price Index, may end the year
> slightly negative.
>
> Ken
>
>
>