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Pension and Employee Benefits: Code, ERISA, & Regulations

Pension and Employee Benefits: Code, ERISA, & Regulations
This series provides an authoritative and comprehensive reference to the full text of benefits-related provisions of the Internal Revenue Code, the full text of ERISA, and related proposed and final regulations, as well as the official IRS and DOL preambles, and Committee Reports.

CCH® PENSION — 10/29/09

2010 Social Security cost-of-living adjustment is unchanged from 2009

The Social Security Administration (SSA) has announced that monthly Social Security and Supplemental Security Income benefits received by beneficiaries starting in January 2010 will not automatically increase. This will be the first year without an automatic cost-of-living adjustment (COLA) since they went into effect in 1975. Thus, the maximum amount of earnings subject to the Social Security tax will remain at $106,800.

Source: The Social Security News Release and Fact Sheet.

 

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer's Benefits Reports.

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