A prominent seniors group forecast that the Social Security cost-of-living adjustment (COLA) for 2027’s payments will be a 2.8 percent increase, coming after the federal government released new data on inflation.
In a news release issued Friday, The Senior Citizens League, a nonpartisan advocacy group for retired Americans, said the 2.8 percent increase in Social Security payments is 0.3 percentage points higher than last month’s prediction of 2.5 percent.
The COLA for 2026 stands at 2.8 percent and went into effect in January, according to the Social Security Administration (SSA).
