Cost Of Living 2024 Social Security Forecast Pdf. As such, seniors should currently expect a 2.5% to 2.6% cola for 2025. One set of projections reflects a scenario in which the program continues to pay retirement, disability, and related benefits as scheduled under current law, regardless of whether the program’s two trust funds have sufficient balances.
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. For 2024, the social security cola is 3.2%.
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