Cola 2024 Increase Announcement Date. It typically makes that announcement right away,. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.
The 2025 social security cola announcement is 26 days away. The adjustment takes effect with december social security payments, which most beneficiaries will receive in january 2024.