WASHINGTON (AP) — Another year, another small raise for millions of people who rely on Social Security, veterans' benefits and federal pensions.
Preliminary figures suggest next year's benefit increase will be roughly 1.5 percent, according to an analysis by The Associated Press. The increase will be small because consumer prices, as measured by the government, haven't gone up much in the past year.
For the second year in a row, it would be one of the lowest raises since automatic adjustments were adopted in 1975.
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