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Social Security checks to rise 3.6%
By Tami Luhby, CNNMoney – October 19, 2011: 8:55 AM ET
NEW YORK (CNNMoney) — Senior citizens will soon get their first raise in three years, the government announced Wednesday.
Social Security recipients will receive a cost of living adjustment of 3.6% starting in January.
Because inflation has been very low in recent years, beneficiaries have not gotten a COLA increase since 2009, when they received a 5.8% boost.
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