Cola

[babyray]

Does anyone knows if we are getting a COLA for 2010?

babyray :)

Edited November 12, 2009 by babyray

[Pete53]

I got my COLA early. I don't have to pay $ 3100 in Property Taxes come this January. My Medicare Advantage remains the same, ChampVA remains the same, my electricity rate should come down 25% or more my auto insurance went down 6% and home insurance is probably going to stay even or go down. I will also pay less for cell phone this year and will cut other things. My wife and I have not agreed yet to we are going to cut newspaper 22.50 a month. Gasoline is about 2.30 a gal as opposed to almost 4 dollars a gallon a year earlier. Many of the things we buy at grocery store are less. A lot of stuff is up but with all the people who are in a bind we are grateful for what we have.

I would love to get more but I am happy with what I have right now. I suggest that you look for ways to give your self a COLA. Cut some expenses if you can. I have cut expenses now almost every year for last 10 years to stretch my COLA's. I found that once you commit to it almost is painless.

[Vync]

Here's a link to the proposed $250 check for 2010. Something like this is posted on another topic too.

http://www.dailyfinance.com/2009/11/01/pre...nt-with-2010-in

[carlie]

I got my COLA early. I don't have to pay $ 3100 in Property Taxes come this January. My Medicare Advantage remains the same, ChampVA remains the same, my electricity rate should come down 25% or more my auto insurance went down 6% and home insurance is probably going to stay even or go down. I will also pay less for cell phone this year and will cut other things. My wife and I have not agreed yet to we are going to cut newspaper 22.50 a month. Gasoline is about 2.30 a gal as opposed to almost 4 dollars a gallon a year earlier. Many of the things we buy at grocery store are less. A lot of stuff is up but with all the people who are in a bind we are grateful for what we have.

I would love to get more but I am happy with what I have right now. I suggest that you look for ways to give your self a COLA. Cut some expenses if you can. I have cut expenses now almost every year for last 10 years to stretch my COLA's. I found that once you commit to it almost is painless.

Pete,

I sure agree with cutting expenses and keeping my overhead down.

It's good to live within our means as much as possible.

Gosh - your newspaper is very expensive compared to ours.

I can get an annual subscription, delivery on Thurs, Fri, Sat

and Sunday for under $35.00 for the whole year.

carlie

[carlie]

Here's a link to the proposed $250 check for 2010. Something like this is posted on another topic too.

http://www.dailyfinance.com/2009/11/01/pre...nt-with-2010-in

Vync,

Cola and a Stimulus are different issues.

carlie

[Vync]

Vync,

Cola and a Stimulus are different issues.

carlie

I know. They indicated that the proposed payment of the $250 stimulus was, in effect, to make up for the fact that there would be no COLA increase in 2010. I posted the link for the benefit of testvet, who inquired about it, and anyone else you may also have been curious. :)

[john999]

See, when you get a cola it is rolled into your base amount of benefit so that next time you get cola that is based on new cola enhanced amount you got last time. When you get a $250 one time payment it is not rolled into your base annuity. I learned this being a postals employee. That is how the corrupt union and management conspired to encourage employees to beleive that their union was working for them.