tag:blogger.com,1999:blog-2607144762948150931.post8478635261674767473..comments2023-06-27T08:39:54.324-07:00Comments on Pension Vocabulary : REPRISE: Simple Vs. Compound - What You Need to KnowJohn Dillonhttp://www.blogger.com/profile/10516552420300264491noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2607144762948150931.post-77583339963751809132012-11-27T10:44:40.423-08:002012-11-27T10:44:40.423-08:00Presently social security COLAs are compounded (th...Presently social security COLAs are compounded (this could change down the road). For the state retirees who aren't allowed to draw Social Security, wouldn't cutting COLA's to 1/2 the federal cola (the proposal now being challenged in court in the cola/health insurance scam passed by the house and signed by the gov) possibly violate the federal requirement that non-social security plans be equal to or better than the benefits offered to social security recipients?Roadiepighttps://www.blogger.com/profile/05396307917815721671noreply@blogger.comtag:blogger.com,1999:blog-2607144762948150931.post-72807962953390108102012-11-24T06:38:26.264-08:002012-11-24T06:38:26.264-08:00“Since 2009, eleven states have changed COLAs affe...“Since 2009, eleven states have changed COLAs affecting current retirees, five states have addressed current employees’ benefits, and six states have changed the COLA structure only for future employees. The legality of these modifications in several states has been, or is, being challenged in court...” (the National Association of State Retirement Administrators). gbrownhttps://www.blogger.com/profile/13435049339082622611noreply@blogger.com