§ 21313 Cost-Of-Living Adjustment Rules

• •Every year, the monthly allowance gets adjusted to keep up with the cost of living.
• •The adjustment happens on April 1st, and you see the change in your May payment.
• •The new amount is calculated by comparing the cost of things now to the cost when you first started getting the allowance.
• •This rule started in 1969 and has been in place since 1996.

Imagine you get a monthly allowance of $500 to help with your expenses. Over time, things like milk, gas, and rent get more expensive. This law makes sure your allowance goes up a little bit each year to help you keep up with those higher prices.

If the cost of things (like food and rent) goes up by 5% from last year, your allowance will also go up by about 5% so you can still buy the same amount of stuff.