SENIORsam 1) CTVENS ae OD LEAQg— n 8 \-< Pe The CPI “Correction”— HowIt Affects You (NAPSA)—ASocial Security recipient with “average” benefits in 2000 will lose more than $1,200 over the next five years due to changes madesince 1992 in the way the Consumer Price Index (CPI) is calculated according to a TREA Senior Citizens League study. “No legislation protects Social Security beneficiaries from the long-term impact of these changes,” says George A. Smith, chairman of TSCL. The financial consequences of a series of changes to the Con- sumer Price Index are expected to hurt seniors. A more slowly growing CPI means lower Social Security and military retirement Cost Of Living Adjustments (COLAs). “The changes cause an erosion of buying powerin Social Security benefits at a time when many seniors’ expenses—like health insurance premiumsand prescrip- tions drugs—are climbing at double digit rates. We encourage seniors to contact elected officials to question the CPI changes and to ask them to support a morefair COLA,” Smith adds. For more information, send $1 for shipping and handling to: TREA Senior Citizens League, Dept. N10201, 909 N. Washington St., Suite 300, Alexandria, VA 22314 or visit www.tscl.org.
