Social Security recipients to get 3.6% COLA raise in 2027
Social Security beneficiaries and Supplemental Security Income recipients will receive a 3.6% cost-of-living adjustment starting in 2027. This increase provides an average of $75 extra per month for nearly 72 million Social Security beneficiaries and approximately 7.3 million SSI recipients. The adjustment applies to older adults and people with disabilities, though some federal employees may see a smaller increase. This marks the largest cost-of-living adjustment since 2023.
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- ✓ Social Security recipients will receive a 3.6% cost-of-living adjustment in 2027.
- ✓ The 2027 increase averages $75 per month for beneficiaries.
- ✓ The adjustment applies to nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.
- ✓ This is the largest cost-of-living adjustment since 2023.
What changed
The Social Security Administration officially announced a 3.6% benefit increase for 2027.
Live updates
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Social Security Administration Announces 3.6% Benefit Increase for 2027
Social Security beneficiaries and Supplemental Security Income recipients will receive a 3.6% cost-of-living adjustment starting in 2027. This increase provides an average of $75 extra per month for nearly 72 million Social Security beneficiaries and approximately 7.3 million SSI recipients. The adjustment applies to older adults and people with disabilities, though some federal employees may see a smaller increase. This marks the largest cost-of-living adjustment since 2023.
Why it matters
Cost-of-living adjustments are designed to ensure benefit payments keep pace with inflation. While the increase helps maintain purchasing power, some retirees report that inflation continues to outpace these benefits.
What is confirmed
- Social Security recipients will receive a 3.6% cost-of-living adjustment in 2027.
- The 2027 increase averages $75 per month for beneficiaries.
- The adjustment applies to nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.
- This is the largest cost-of-living adjustment since 2023.
- The 3.6% raise applies to older adults and people with disabilities.
Still unconfirmed
- The 2027 bump will push some high-earning retired couples past $100,000 a year in benefits.
- Some federal employees will receive a smaller adjustment than the 3.6% rate.
What to watch next
- Specific pay raise details for disabled veterans and military retirees
- Updated inflation data comparing actual price increases to the 3.6% adjustment
confidence 100%Sources used for this update (16)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- The New York Times — Social Security Says Retirees Will Get a 3.6% Raise for 2027
- Fox Business — Social Security announces cost-of-living adjustment for 2027
- Social Security Administration (.gov) — Social Security Announces 3.6 Percent Benefit Increase for 2027
- AP News — Social Security recipients to get 3.6% cost of living boost, an average of $75 per month
- Yahoo — Social Security's COLA is the biggest since 2023. Americans will get an extra $75 a month on average.
- Federal News Network — 2027 COLA is 3.6% for many retirees, but some feds will see a smaller adjustment
- AARP — Most Older Adults Say a Projected 3.5% Social Security COLA Would Fall Short
- PBS — What is the Social Security COLA for 2027? Here's how it could affect you
- USA Today — Social Security recipients to get 3.6% COLA raise in 2027
- Military.com — Here Is the 2027 Pay Raise for Disabled Veterans and Military Retirees
- People.com — Social Security Recipients Could Get an Extra $1,000 a Year to Adjust for Rising Inflation
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