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The Bureau of Consumer Financial Protection (Bureau) is publishing a final rule amending the official commentary that interprets the requirements of Regulation C (Home Mortgage Disclosure) to reflect a change in the asset-size exemption threshold for depository institutions based on the annual percentage change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI- W). The exemption threshold has been adjusted to increase to $41 million from $40 million. The adjustment is based on the 3.43 percent increase in the average of the CPI-W for the twelve-month period ending in November 2011. Therefore, depository institutions with assets of $41 million or less as of December 31, 2011 are exempt from collecting data in 2012.
Retail prices in the Northeast region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.6 percent in November, following a 0.2-percent increase in October, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The Northeast Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.8 percent since October.
The 5.8 percent Cost-of-Living Adjustment (COLA) began with benefits that over 50 million Social Security beneficiaries received this month. Increased payments to more than seven million SSI beneficiaries began on Dec. 31, 2008. Social Security and SSI benefits increase automatically each year based on the rise in the Bureau of Labor Statistics' Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from the third quarter of the prior year to the corresponding period of the current year.
... prior to each September 1st using the consumer price index for urban wage earners and clerical wo...
WASHINGTON, May 17 /PRNewswire-USNewswire/ -- Today RetireSafe, representing 400,000 senior-citizen supporters across America, praised U.S. Representatives John "Jimmy" Duncan, Jr. (TN-2), Daniel Lipinski (IL-3), Marcia Fudge (OH-11), Michael Arcuri (NY-24), and Gregg Harper (MS-3) for introducing H.R. 5305, the CPI for Seniors Act. H.R. 5305 would establish a new Consumer Price Index for Seniors (CPI-S) so that annual Social Security Cost-of-Living- Adjustments (COLAs) can be fairly determined. H.R. 5305 would direct the Bureau of Labor Statistics (BLS) to finally determine a new CPI- S formula for seniors, one based exclusively on the costs actually incurred by older Americans. RetireSafe, an advocacy organization for older Americans, supports this legislation to correct the faulty fo...
Washington's minimum wage will continue to be the nation's highest on Jan. 1 when the base pay increases 14 cents to $8.07 an hour. The annual pay jump comes not from the graciousness of business owners, but a 1998 voter-approved law that ties the wage rate to the inflation rate as determined by the federal Consumer Price Index for Urban Wage Earners and Clerical Workers.
Social Security and Supplemental security Income benefits increase automatically each year based on the rise in the Bureau of Labor Statistics' Consumer Price Index for Urban Wage Earners and Clerical Workers, from the third quarter of the prior year to the corresponding period of the current year. This year's increase was 2.3 percent.
Social Security and Supplemental Security Income benefits increase automatically each year based on the rise in the Bureau of Labor Statistics' Consumer Price Index for Urban Wage Earners and Clerical Workers, from the third quarter of the prior year to the corresponding period of the current year. This year's increase in the was 2.3 percent.
The increase is tied to the Consumer Price Index (CPI) for urban wage earners and clerical workers for the prior 12-month period as of September 30.
... the Federal Bureau of Labor Statistics Consumer Price Index for Urban Wage Earners and Clerical Wo...
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