NEW YORK (CNNMoney.com) — Chances are high that for the second year in a row Social Security beneficiaries will see no increase in their benefit checks.
The official word won’t come until mid-October when the Social Security Administration announces whether there will be a cost-of-living adjustment (COLA) for 2011. But those who’ve crunched the numbers say there just hasn’t been enough inflation to justify a bump in benefits.
he last time there was an inflation adjustment was in 2009: Social Security beneficiaries got a higher-than-normal 5.8% increase because of a temporary spike in energy prices in the third quarter of 2008.

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