Rhaedas comments on ELI5 how do COLA raises work for SSDI? How is it figured? This year it was something like 75 bucks, which cost about a tank of gas. So is it really helping anyone or is just a slap in the face?

ELI5 how do COLA raises work for SSDI? How is it figured? This year it was something like 75 bucks, which cost about a tank of gas. So is it really helping anyone or is just a slap in the face? (lemmy.world)

submitted 3 weeks ago by Patnou@lemmy.world to c/explainlikeimfive@lemmy.world

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[–] Rhaedas@fedia.io 4 points 3 weeks ago

It's a percentage increase, much like a workplace might do. The next one is supposed to be higher, like 3.6, since 2026 was only 2.8 and didn't really offset inflation at all (which is the point of COLA).

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