Social Security recipients will get a 3.6 % cost-of-living-adjustment in 2012 . Monique Morrissey says it 's overdue ; others say it 's too generous during these hard times . But this measure does n't accurately reflect the cost of living for seniors . She says COLA is based on inflation index for workers and does n't show seniors ' cost of living . Morrissey : Calls to reduce COLA bad idea , but not necessarily wrong.
Social Security recipients will get a 3.6 % cost-of-living-adjustment in 2012 . Monique Morrissey says it 's overdue ; others say it 's too generous during these hard times . She says COLA is based on inflation index for workers and does n't show seniors ' cost of living . Morrissey : Calls to reduce COLA bad idea , but not necessarily wrong.