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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Aug 31, 1983
Page
11
Changes to the cost of living adjustment include delaying the 3.5 percent COLA to January 1984 and basing increases on the comparison between the third quarters rather than the first quarters. The plan, dubbed the Fail-Safe Provision, aims to save billions and shield Social Security from future shortages while smoothing volatility from items like heating fuel.
The text explains proposed changes to cost of living adjustments COLA for trust funds. It describes a new rule basing COLA on average wage increases when wage growth is slower and fund balances trigger thresholds. It also notes potential restitution if funds rise above a second trigger. It mentions a 1983 CPI reform switching from home costs to rent, affecting benefits by 5 to 6 percent lower from 1975 to 1981 and doubling reserves.
The Jackson County 4-H Livestock Judging Team earned a trip to the American Royal 4-H Livestock Judging Contest in Kansas City Missouri on Nov 19. They placed third at the Wisconsin State Fair regional competition with Tammy Kinning of Northfield as the second ranking high individual. Other members include Les Dokkestal Tim King both of Northfield and Don Holcomb of Black River Falls. Coaches are Jessie Oberlin and Dan Kinning. Earlier in June the team qualified for state by placing first in a regional contest.
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