Cola Increase 2024 Projections Pdf. Before the latest bls release, the senior citizens league, a senior rights organization, had projected a 2025 cola of 2.63 percent. For 2024, the social security cola is 3.2%.

In 2023, the cola was a record 8.7% before falling to 3.2% in 2024. This forecast is a slight drop from the july estimate of 2.7% and a notable decrease from the 3.2% increase granted for 2024.