Social Security Cost-of-Living Adjustment Will Be Slightly Higher Than Last Year’s, Group Predicts

Date:

Social Security Cost-of-Living Adjustment Will Be Slightly Higher Than Last Year’s, Group Predicts

Blank Social Security checks are run through a printer at the U.S. Treasury printing facility in Philadelphia on Feb. 11, 2005. William Thomas Cain/Getty Images

The projected cost-of-living adjustment (COLA) for Social Security recipients next year will likely be slightly higher than the 2.5 percent COLA that was implemented for 2025’s payments, according to The Senior Citizens League (TSCL).

The group said that its modeling, which factors in consumer price index data that was released on Sept. 11, shows that the COLA will be 2.7 percent for next year.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Texas Attorney General Sues Houston-Area Center Accused of Birth Tourism Scheme

An advertisement for a Houston-area “birth tourism” operation known...

Trump Suggests Beijings Help for Iran Is Limited

U.S. forces patrol the Arabian Sea near the container...

How Australia Plans to Force Big Tech Firms to Pay News Outlets for Content

Australia's Prime Minister Anthony Albanese (C) speaks during an...

Jerome Powell to Remain on Fed Board After His Term as Chair Ends

Despite planning to retire, Powell believes he has ‘no...