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Social Security announces 3.6% cost-of-living increase for 2027

Retirees will see their benefit checks rise next year, though some may not receive the full increase because of a deduction.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

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What happened

The Social Security Administration has finalized a 3.6% cost-of-living adjustment, or COLA, for 2027 benefits. Some recipients may not keep the full raise because of a deduction.

Timeline

  1. Oct 15, 1:14 PM ET: The Social Security Administration locked in the 2027 cost-of-living adjustment for benefit recipients.
  2. Oct 16, 4:36 AM ET: Reports said a deduction could reduce how much of the 3.6% increase some recipients actually receive.

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