Cost-of-Living Adjustment (COLA) Information | SSA
The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2024.
Social Security Announces 2.5 Percent Benefit Increase for 2025
Oct 10, 2024 · Nearly 68 million Social Security beneficiaries will see a 2.5% COLA beginning in January 2025. Increased payments to nearly 7.5 million people receiving SSI will begin on December 31, 2024. (Note: Some people receive both Social Security benefits and SSI).
New Bills Introduced to Give Federal Workers 4.3% Raise, Higher COLA …
5 days ago · If CPI is 2% or less, the FERS COLA is the same as the CSRS and Social Security COLA. But if the CPI is between 2.01% and 3%, the FERS COLA is 2%. If the CPI is greater than 3%, then the COLA for FERS is 1% less than the CSRS COLA. This unfair penalty means that FERS retirees will lose $128 a year just for 2025, assuming the same average pension.
Social Security will announce the 2025 COLA within days ... - CBS News
Oct 8, 2024 · The roughly 70 million people who receive Social Security payments will soon learn how much they'll receive in their 2025 benefit checks, with the program's annual cost-of-living adjustment (COLA...
Social Security's Early 2026 Cost-of-Living Adjustment (COLA ...
1 day ago · A good news/bad news scenario awaits retirees in 2026 While a lot can change in the months to come, Social Security's 2026 COLA offers both good and bad news for retirees. On one hand, the ...
Social Security 2025: Here's What the COLA Increase Means for …
Dec 25, 2024 · The 2025 Social Security COLA increase goes into effect in just a few weeks. Here's what it means for your monthly check going forward.
How the 2025 COLA will change your benefit - CBS News
Oct 10, 2024 · How the 2025 COLA will change your benefit. The 2.5% COLA increase will boost the average Social Security payment by about $50 starting in January, the agency said on Thursday.
Social Security recipients will get 2.5% COLA boost in 2025 | AP News
Oct 10, 2024 · WASHINGTON (AP) — Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday. The cost-of-living adjustment, or COLA, for retirees translates to an average increase of more than $50 for retirees every month, agency officials said.
Social Security COLA dates to know for 2025 - USA TODAY
Sep 25, 2024 · Everyone's counting the days to the COLA announcement — but it's just the beginning. We're only a few weeks away from finally learning what the 2025 Social Security cost-of-living adjustment...
What Will the Social Security COLA Raise Be for 2025?
Oct 10, 2024 · Social Security beneficiaries will receive a 2.5% increase in their payments beginning in January 2025, thanks to the latest cost-of-living adjustment announced Oct. 10 by the Social Security...