Projected 2025 Social Security Cola Increase. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2025. According to the 2025 social security trustees report, the intermediate case calls for a 2.6% cola for this year (the increase that will start with january 2025 payments).
The social security administration says that will raise average monthly payments by more than $50. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.