Cost-of-Living Adjustment (COLA) Information | News | SSA 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
Cost-Of-Living Adjustments 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
Cost-Of-Living Adjustment (COLA) 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
Latest Cost-of-Living Adjustment 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
2026 Cost-of-Living Adjustment (COLA) Fact Sheet | News | SSA 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
Social Security Changes - COLA Fact Sheet 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
How much will the COLA amount be for 2026 and when will I receive it? 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
Social Security Announces 2. 8 Percent Benefit Increase for 2026 Similar to last year, Social Security beneficiaries will receive a simplified, one-page COLA notice, which uses plain and personalized language, and provides exact dates and dollar amounts of an individual’s new benefit amount and any deductions
Category: COLA | SSA 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
Social Security Announces 2. 5 Percent Benefit Increase for 2025 Social Security begins notifying people about their new benefit amount by mail starting in early December This year, for the first time, Social Security beneficiaries will receive a newly designed and improved COLA notice that makes it easier for customers to find the information they need most