I just wanted to make sure that everyone had this information about the Cost of Living Adjustment for Social Security.
EIV will not have the increase listed until January.
You have two options when calculating social security knowing there is a COLA whichever you decide it is important that you are consistent and use it for ALL recertifications until the information is in EIV.
- Since the increase is not listed in EIV yet, if the resident agrees with the amount listed on EIV you can use it without including the increase.
- You can include the increase and calculate income with the increase (effective 1/1/2012) and include this documentation from RHIIP in your file.
You do NOT have to do an interim to include this increase if your recertifications are already done.