2024 Social Security Cola Increase Update In India. — the social security cost of living adjustment (cola) for 2024 stands at 3.2%, much less than 2023. — while the 2024 cola is far lower than last year’s 8.7% increase, it’s still higher than average thanks to stubborn inflation.
— social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Beginning in january, benefits will increase by 3.2%, or roughly.