Seniors’ monthly checks may increase by $75
The annual cost-of-living adjustment is projected to be 3.6%, increasing the average retiree’s monthly check by around $75.
This year’s 2026 COLA of 2.8% bumped up the average benefit by $56.
The forecast is based on inflation data, which showed consumer prices in July rose 3.4% over the prior year, with the actual COLA expected to be announced in mid-October, after the release of the September CPI data, with the current projection suggesting a high of $209.50.