WASHINGTON, Jan. 10 /PRNewswire-USNewswire/ — Members of Congress have
awarded themselves a 17 percent higher Cost of Living Adjustment (COLA) than
the nation’s 48 million elderly beneficiaries will receive in 2008.
This is one granny who has been surprised every year when we got the COLA. I never have thought we should be getting those. Seems like a waste of money. I have always believed that retirement funds should come out of your income while you are able to work and that it be mandatory and held in a private account that you can only access at age 65 or whenever you stop working. The government should also not be able to touch it. We should only get back what we save in. Fortunately, I am still working at age 75 and plan on keeping working as long as I’m able. Now I’ve gotta go to work.