 As a result, the first automatic COLA, you'll see in all caps, cost of living adjustment, was in 1975, and that was an 8% increase. There are a lot of factors why the solvency of Social Security is being threatened, why benefits, if nothing changes, would need to be reduced in about 10 years. This is one of the big culprits. It's a lot more expensive when you're increasing the benefit on an annual basis, and in some cases by a lot.