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.

FAQs and answers about cost-of-living adjustments (COLA) for federal annuitants (retirees, their survivors, or their spouses, ex-spouses, and children). Will my retirement (annuity) benefit increase as the cost of living goes up? Yes. We make cost-of-living adjustments each year to the amount we pay to annuitants.

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 2.5-percent COLA on October 10, 2024. We will announce the next COLA in October 2025.

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2025年3月6日 · A cost-of-living adjustment (COLA) is an annual adjustment applied to your retirement income to reflect changes in the economy (inflation). Most DRS retirement plans offer a COLA, but Plan 1 members in PERS and TRS only have a COLA if they selected it during retirement. View the 2025 COLA percentages by retirement date and plan. When will I receive the 2025 COLA? LEOFF Plan 1 COLAs take effect ...

2024年12月20日 · CONUS COLA is a supplemental allowance designed to help offset higher prices in the highest-cost locations in CONUS that exceed the average costs within the …

2024年10月10日 · In 2024, the Social Security Administration announced that the COLA for 2025 benefits would increase by 2.5 percent, following a 3.2 percent rise the year before. Here’s …

2024年10月10日 · The official 2025 COLA will be released by the Social Security Administration (SSA) in mid-October 2024. The SSA will calculate the percent change between average prices in the third quarter of the current year (ending on Sept. 30) …

2024年10月10日 · Federal Retiree COLA History. The Social Security Act specifies a formula for determining each COLA. According to the formula, COLAs are based on increases in the …

2025年3月18日 · A model of estimating the cost-of-living adjustment (COLA) for retirees points to a 2.2% COLA increase for 2026, down from an estimated 2.5% a month ago. The Senior Citizen’s League’s (TSCL) most recent prediction is 0.3 percentage points lower than last …