Based on just released CPI data, the 2021 COLA will be 1.3%.
Here’s the calculation using the CPI -W
253.412-250.199/250.199 X 100 = (adjusted to the nearest 1/10 of 1 percent = 1.3%
253.412 and 250.199 are the average CPI-W for July, August, September 2020 and 2019
QUINNSCOMMENTARY 
Also, what will the Medicare premium be for 2021 and is the 101.3 applied before the Medicare premium is deducted?
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The COLA is applied to your gross benefit before any deductions. Medicare premium not yet released, but was projected to increase about $8.00 However, for 2021 Congress limited the increase to 25% of the actual number.
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Just wondering, Mr. Quinn – are the three months for each year equally weighted?
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Not sure what you mean. Don’t know how those months were picked though
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