Cola 2024 Increase Announcement As Of Today 2024
Cola 2024 Increase Announcement As Of Today 2024. In 2023, they rose a whopping 8.7% following a period of rampant inflation in 2022. But next year's cola is shaping up to be a lot lower.
Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released. The 2024 cola is based on the 2.85% average increase in the consumer price index (cpi) measured from february 2023 to february 2024 for the los angeles.