167.01 COLA Income Deduction (AAM)

SR 98-51 Dated 12/98

Previous Policy

_____________________________________________________________

Individuals who meet all of the above requirements are eligible to receive the appropriate SSA cost-of-living adjustment (COLA) as an income deduction.

Compute a COLA income deduction for each individual in the case who is currently receiving SSA income, whether they are the recipient, an applicant, or non-applicant spouse.

Deduct, from the individual's current SSA benefit, all the SSA COLAs received after the most recent termination of financial assistance. The amount of the deduction is the difference between the pre- and post-SSA amounts which result from the annual SSA COLA.

*