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Chained COLA Calculator

How much are you going to lose?

The proposed changes to the Cost-of-Living Adjustment (COLA) for your Social Security, military, or other federal benefits will have a long-lasting impact on the amount you receive as you age.

The new proposed method for determining the cost-of-living adjustment would use the more slowly growing chained CPI. That would “chain” your COLAs down to slower growth. The Senior Citizens League is working hard to fight this COLA cut. Use the calculator below to see how much you stand to lose if this goes into effect.

Average annual benefit: $14,400.00

Enter in an annual benefit amount and hit submit. The results will display the effect that the proposed chained COLA will have on your benefits over time.

Current COLA Proposed Chained COLA Years Total Loss
40
30
20
10