Description Usage Arguments Value Examples
Legislation enacted in 1973 provides for cost-of-living adjustments, or COLAs. With COLAs, Social Security and Supplemental Security Income (SSI) benefits keep pace with inflation. The Social Security Act specifies a formula for determining each COLA. According to the formula, COLAs are based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). CPI-Ws are calculated on a monthly basis by the Bureau of Labor Statistics. This data set comes from the Social Security web site but it is not a real time fetch, so the data is current up to the time that this package was created. In order to determine the Consumer Price Index for a year that is beyond the last year in the data, the data is fit with a model which is used to project future CPIW values. If no endYear is provided the function returns the data set of measured values without any projected values.
1 | getCpiwSet(endYear = NULL)
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endYear |
the last year to include in the returned data set |
the CPIW data set
1 2 | getCpiwSet(endYear = 2025)
getCpiwSet()
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