Field Ops Memo 2007-65: 2008 Social Security/SSI COLA for TAFDC, EAEDC and FS

The Social Security and SSI Cost-of-Living Adjustments (COLA) have been scheduled. Effective January 2008, Social Security benefits and SSI payments will increase by 2.3 percent. The basic Medicare Part B premium will increase from $93.50 to $96.40 per month. This Field Operations Memo identifies: general BEACON activities for processing the 2008 Social Security/SSI COLA; and AU Manager and Supervisor activities required to prepare for the 2008 Social Security/SSI COLA.