mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Part of an email that I received from MOAA says this about COLA possibilities~Inflation dropped 0.1% in June. Unless that trend is reversed significantly in the next three months, prospects are dimming for any retiree COLA in 2011.
The Bureau of Labor Statistics announced the June CPI-W of 213.8 which is a decrease of 0.1% from the May CPI-W of 214.1.
The June CPI-W is now down .8% from the 2008 COLA base of 215.5. The 2008 COLA base will be used to calculate the 2010 COLA since there was no 2009 COLA as a result of negative inflation from the third quarter of 2008 to the third quarter of 2009.
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