STATEN ISLAND, N.Y. -- Each year, the Social Security Administration increases the monthly benefits provided to recipients through a cost-of-living adjustment (COLA). The COLA rate varies from year-to ...

The average senior who retired in 1999 has lost nearly $5,000 in Social Security payments as a result of the CPI-W.

Since 1975, the Social Security Administration has adjusted Social Security payments on an annual basis to ensure benefits keep pace with inflation. These annual increases are called the Cost of ...

Social Security recipients get a cost of living adjustment each year to keep up with inflation. The 2024 COLA will be 3.2%. That's less than the 8.7% COLA that took effect at the beginning of 2023, ...