Ssa Cost Of Living Increase 2024 Increase. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday.
Federal ssi payment levels will also. This means that more than 71 million americans will.