4 publishers · first seen Tue, 27 Oct 2026 14:28 UTC · updated Thu, 29 Oct 2026 12:22 UTC
The Social Security Administration (SSA) has announced a 3.6% cost-of-living adjustment (COLA) for 2027, effective for payments beginning in January 2027 for Social Security beneficiaries and on 31 December 2026 for Supplemental Security Income (SSI) recipients. The increase will affect nearly 72 million Social Security beneficiaries and about 7.3 million SSI recipients, with the average retired worker's monthly benefit rising from $2,094 to $2,170, an increase of $76.
The SSA states the average increase in retirement benefits will be about $75 per month, or approximately $912 annually for those receiving average benefits. The adjustment is based on inflation data through August 2026, and individual increases will vary depending on each recipient's benefit amount. SSI payments for November 2026 will be issued early on 30 October due to a Sunday payment date, and December 2026 SSI payments will be made on 1 December.
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