The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 71 million Social Security beneficiaries in January 2026. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2025.
Prior to 1975, Social Security benefit increases were set by legislation. ... The first COLA, for June 1975, was based on the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the second quarter of 1974 to the first quarter of 1975.
The latest COLA is 2.8 percent for Social Security benefits and SSI payments. Social Security benefits will increase by 2.8 percent beginning with the December 2025 benefits, which are payable in January 2026.
Automatic Determinations COLA Determination Consumer Price Index Average Wage Index Since 1975, Social Security's general benefit increases have been based on increases in the cost of living, as measured by the Consumer Price Index. We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 2.8-percent COLA on October 24, 2025.
Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2023 through the third quarter of 2024, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 2.5 percent COLA for 2025.
Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2022 through the third quarter of 2023, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 3.2 percent COLA for 2024.
COLA Social Security Benefits Increase in 2023 October 13, 2022 • By Jeff Nesbit, Deputy Commissioner for Communications Reading Time: 2 Minutes Approximately 70 million Americans will see a 8.7% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023.
Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2024 through the third quarter of 2025, Social Security beneficiaries and Supplemental Security Income (SSI) recipients will receive a 2.8 percent COLA for 2026.
This is a scam. That is why the SSA Office of the Inspector General (OIG) is advising the public to be keenly aware of any attempts from persons seeking to gain your personal information for you to receive a COLA from SSA. The annual cost-of-living increases issued by SSA are ALWAYS automatic.
This is the annual cost-of-living adjustment (COLA). By law, federal benefits increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index for Urban Wage Earners and Clerical Workers.
