SSA Cost of Living Adjustment (COLA)
As you all may be aware, each year, usually in January, the Social Security Administration release the Cost-of-Living Adjustment (COLA) which details the SSI annual increase.
The SSA Fact Sheet can be found here.
If a client in your program is receiving SSI/SSDI we request that you to update their income to reflect the increase.
The job aid for updating sub-assessments (income, health, disability and non-cash) can be found here.
Please update client’s income records who are receiving SSI/SSDI by March 31, 2022.
All other clients whose income have changed at any time should be updated immediately after the staff working with the client is informed. This update should be done as an “UPDATE” interim assessment, if the client(s) income changes at exit the information should be updated on the “EXIT” assessment.
Important information:
Old income that is no longer valid must be “end dated” at least one day prior to the new income entry (this should be done within the same interim or exit assessment). This prevents client’s gross monthly/annual income totals from overestimating.
Remember: If clients have been in your program for one year or more, you must enter an “Annual” interim assessment within 30 days of the clients Anniversary date.
Benefits of Updating Income/Non-Cash Information:
- Helps data to be more accurate so that we can more accurately reflect what’s going on in our community in regard to client income
- Shows the progress of clients income and mainstream benefits from the time a client enters a program (and/or the system) until the time they exited a program (and/or the system) (ex.: this information can be used to show the work the program has done to increase client income/mainstream benefits)
- For providers submitting APRs; updating income can more accurately reflect data reported in the APR section(s):
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18 (Client Cash Income Category – Earned/Other Income Category – by Start and Annual Assessment/Exit Status),
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19a1 (Client Cash Income Change-Income Source – by Start and Latest Status)
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19a2 (Client Cash Income Change – Income Source – by Start and Exit)
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