Social Security recipients will get a 3.6 % cost - of - living - cut in 2012 . Monique Morrissey says it 's overdue ; others say it 's too generous during these hard times . The super committee may be considering such a move . She says COLA is based on inflation rates for workers and does n't show seniors ' cost of living . Morrissey : Plan to reduce COLA bad idea ; polls show that support increase , not decrease .
Social Security recipients will get a 3.6 % cost - of - living - cut 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 rates for workers and does n't show seniors ' cost of living . Morrissey : Plan to reduce COLA bad idea ; polls show that support increase , not decrease .