"...Thanks to a slight drop in July living costs, the tentative inflation-catch up for millions of retired Americans now stands at 1.8 percent, down slightly from the previous month. This time in July, after the Labor Department announced the Consumer Price Index for June, the cost of living adjustment (COLA) was tentatively set at 1.9 percent.
There are still two months — August and September — to go in the COLA countdown. The final figure for those months will determine how big an adjustment retirees — federal, military and those under Social Security — will get next year..."
