mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
but we already knew that. Anyway, here's part of an email that I received from MOAA...
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[/FONT][FONT=Arial, Helvetica, sans-serif] [/FONT][FONT=Arial, Helvetica, sans-serif]The Bureau of Labor Statistics announced that inflation dropped 0.2% in July. For the first 10 months of FY2009, cumulative inflation has declined 2.3%. [/FONT]
[FONT=Arial, Helvetica, sans-serif]What would it take for retirees and survivors to see any COLA for 2010? Inflation would have to rise more than 2.4% each month for August and September. That's just not going to happen, barring some kind of disaster that nobody wants to see. [/FONT]
[FONT=Arial, Helvetica, sans-serif]One last reminder: The law doesn't allow a negative COLA. If inflation is negative for the year, as seems almost certain, there just won't be a COLA.[/FONT]