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Social Security recipients to get 3.6% cost of living boost, an average of $75 per month

The Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027. Some recipients say it won't offset rising prices. This adjustment means $75 extra per month for the nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.…

Sources (1)· Oct 14, 1:43 PM

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COLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for SeniorsThe rising cost of healthcare and other essentials means that the modest cost-of-living adjustment for about 76 million Social Security beneficiaries, announced Wednesday by Social Security Administrator Frank Bisignano, is likely to make only a small difference for senior citizens struggling to afford gasoline and groceries, said economic justice…

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COLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for SeniorsThe rising cost of healthcare and other essentials means that the modest cost-of-living adjustment for about 76 million Social Security beneficiaries, announced Wednesday by Social Security Administrator Frank Bisignano, is likely to make only a small difference for senior citizens struggling to afford gasoline and groceries, said economic justice…
Social Security recipients to get 3.6% cost of living boost, an average of $75 per month – KnowGov