2024 Social Security Cola Increase Disability Pension

2024 Social Security Cola Increase Disability Pension. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. In june 2024, the average monthly social security benefit for retired workers was $1,918.

The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. In 2024, substantial enhancements to retirement benefits are on the horizon for canadians.