Mickey Dollens Said..

I want to first clarify that a COLA is not a raise. It’s an adjustment in compensation to reflect the increase in natural inflation. Today, a $1,000 pension check has $150 less buying power than that same $1,000 check did in 2008 – when retirees last saw a COLA. 2/6
by Mickey Dollens, Representative from OKC

I want to first clarify that a COLA is not a raise. It’s an adjustment in compensation to reflect the increase in natural inflation. Today, a $1,000 pension check has $150 less buying power than that same $1,000 check did in 2008 – when retirees last saw a COLA. 2/6

— Rep. Mickey Dollens (@MickeyDollens) October 18, 2019