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Monday, April 15, 2013

Losing COLA a serious pension issue

In the reporting of the Illinois pension issue, I have yet to see any explicit recognition of the extraordinary blow that eliminating the COLA would have on a married couple for which the overwhelming portion of their retirement income is a pension payment to the husband who is a SURS annuitant.

http://www.wdws.com/opinion/letters-editor/2013-04-15/losing-cola-serious-pension-issue.html

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