Social Security beneficiaries to see 5.9 percent pay boost

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Social Security beneficiaries to see 5.9 percent pay boost

Social Security recipients will get a 5.9 percent boost in benefits next year, representing the highest cost-of-living adjustment in almost four decades, the Social Security Administration announced Wednesday. The inflation adjustment eclipses last year’s 1.3 percent increase and would be the highest since July 1982, according to the SSA…
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