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

White House Says Iran Will Continue to Pay Amid Reports of New US Strikes

The White House warned Iran on Friday afternoon of...

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the...

US Embassy Issues Security Alert After Thousands of Illegal Immigrants Cross Into Spain

Young Moroccan migrants sort through piles of discarded shoes...

US Bans Imports From 43 Chinese Firms Over Forced Labor Charge

Young girls sew clothes in a workshop in Hotan,...