Social Security Cola 2024 Announcement Pdf. If verified, this would result in an extra $50 per month on average for social security beneficiaries. The increase is much lower than the 8.7% cola that was put in place in.

The increase is much lower than the 8.7% cola that was put in place in.  — looking at the basic cpi rates versus the social security cola rates shows mixed results for the cola compared to the cpi in recent years: