2024 Social Security Cola Increase In India

2024 Social Security Cola Increase In India.  — due to inflation, the cola is rising this year, so the 66 million social security beneficiaries will see a higher benefit starting in january of next year. Though prices rose last month, the 2025 cost of living increase (cola) will likely be lower than the 3.2 percent increase offered to those receiving social security benefits in 2024.

That adds about $50 monthly to the average. That’s because the social security administration bases.