Under title II of the Social Security Act (Act), there will be a 1.7 percent cost-of-living increase in Social Security benefits effective December 2014. In addition, the national average wage index for 2013 is $44,888.16. The cost-of-living increase and national average wage index affect other program parameters as described below.
- Document Number
- 2014-25802
- Published in
- United States of America
