Social Security Increase 2024 Announcement Date Usa. The latest cola is 2.5 percent for social security benefits and ssi payments. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security.
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. This year, more than 71 million social.