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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSocial Security recipients get a 2.8% cost-of-living boost in 2026, averaging $56 per month
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Social Security recipients get a 2.8% cost-of-living boost in 2026, averaging $56 per month
By FATIMA HUSSEIN
Agency officials said Friday that the benefits increase takes effect in January. The cost-of-living adjustment for retirees and disabled beneficiaries is financed by payroll taxes collected from workers and their employers. An annual salary cap, slated to increase to $184,500 in 2026, from $176,100 in 2025, limits what higher-income earners contribute.
Recipients received a 2.5% cost-of-living boost in 2025 and a 3.2% increase in their benefits in 2024, after a historically large 8.7% benefit increase in 2023, brought on by record 40-year-high inflation.
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Emile
(40,378 posts)Champp
(2,409 posts)So they can have a collective smirk at all the people they have suckered
yaesu
(8,904 posts)NewHendoLib
(61,548 posts)dweller
(27,790 posts)Figured it would be a reduction in benefits and the $ saved going into Pisswigs new grift
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PoindexterOglethorpe
(28,436 posts)At least SS goes up. My pension doesn't. That's remained the same for over a decade.
I at least have a pension and savings. So many cannot be bothered to save penny one of their income and I frankly have no sympathy. And before you start complaining about the cost of things, remember that there are plenty of people making less and somehow managing.