Policy History for 8.1.7 COLA

Do not use  below  table to determine 2004 COLA Disregards.  Incorrect numbers were included in the table listed below.  Table Retained for Historical purposes only.

 

RELEASE 04-03

 

To calculate the Cost-of-Living Adjustment ( COLA) disregard amount, do the following:
 

  1. Find the AG's current gross Old Age Survivors Disability Insurance ( OASDI ) income.. The gross OASDI income is the amount of the OASDI check plus any amount that has been withheld for a Medicare premium plus any amount with-held to repay an earlier overpayment.  Do not include in the gross income any Medicare Plan B premiums which the State has purchased for the AG.
 
  1. On the COLA Disregard Amount Table below find the last month in which the person was eligible for and received a check for both OASDI and Supplemental Security Income (SSI).
 
  1. Find the decimal figure that applies to this month.
 
  1. Multiply the person's current gross OASDI income by the applicable decimal figure. The result is the COLA disregard amount.
 
 
 
Do not use  below  table to determine 2004 COLA Disregards.  Incorrect  numbers  included in this table.  Retained for Historical purposes only.
 

COLA Disregard Amount Table

January 2003-December 2003                                                  0.020568

January 2002-December 2002                                                  0.034091

January 2001-December 2001                                                  0.058568

January 2000-December 2000                                             0.09404

January 1999-December 1999                                                  0.141761

January 1998-December 1998                                                  0.20061

January 1997-December 1997                                                  0.270739

January 1996-December 1996                                                 0.353465

January 1995-December 1995                                                0.441332

January 1994-December 1994                                                 0.530406

January 1993-December 1993                                                  0.615281

January 1992-December 1992                                                 0.693995

January 1991-December 1991                                                  0.765289

January 1990-December 1990                                                  0.829196

January 1989-December 1989                                                 0.881282

January 1988-December 1988                                                 0.920658

January 1987-December 1987                                               0.949112

January 1986-December 1986                                                  0.96778

January 1985-December 1985                                                0.980213

January 1984-December 1984                                                 0.98826

July 1983-December 1983                                                       0.993269

July 1981-June 1982                                                                 0.996407

July 1980-June 1981                                                                0.998275

July 1979-June 1980                                                                0.999276

July 1978-June 1979                                                                0.999723

July 1977-June 1978                                                                0.999901

July 1976-June 1977                                                                 0.99996

July 1975-June 1976                                                                 0.999989

January 1975-June 1975                                                      0.999997
 

This page last updated in Release Number: 04-03

Release Date: 08/02/04

Effective Date: 01/01/04