Social Security Announces 2.8 Percent Benefit Increase for 2026
On average, Social Security retirement benefits will increase by about $56 per month starting in January.
On average, Social Security retirement benefits will increase by about $56 per month starting in January.
The Equal COLA Act is endorsed by the following organizations: The American Federation of Government Employees (AFGE), the American Federation of State, County and Municipal Employees (AFSCME), the Federal Managers Association (FMA), the International Association of Fire Fighters (IAFF), the International Federation of Professional and Technical Engineers (IFPTE), the National Active and Retired Federal Employees Association (NARFE), the National Federation of Federal Employees (NFFE), and the National Treasury Employees Union (NTEU).
Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2021 through the third quarter of 2022, Social Security and Supplemental Security Income (SSI) beneficiaries will receive an 8.7 percent COLA for 2023. See 2023 Social Security Changes – Fact Sheet
August 13 Contract COLA: 7th COLA is $624 The seventh regular COLA under the 2016-2019 National Agreement is $624 annually following the release of the July 2019 Consumer Price Index. On August 13, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 745.376 in … Read more
February 14, 2018 Contract COLA: 4th COLA is $520 The fourth regular COLA under the 2016-2019 National Agreement is $520 annually following the release of the January 2018 Consumer Price Index. On February 14, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 720.604 … Read more
Web News Article #: 180-2016 08/16/2016 – Career employees represented by the APWU will receive a one-cent per hour cost-of-living adjustment (COLA) effective Sept. 3, in accordance with the 2015-2018 Collective Bargaining Agreement. The increase is the result of a slight increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated … Read more
For Employees Covered by the National Agreement In December 2014 the CPI-W unadjusted Index (1967=100) fell for the third month in a row (and four out of the last five months) to 684.828 driven largely by falling oil prices. Until the Index rises above 698.58, no COLA will be due. The seventh COLA adjustment under … Read more
For FECA employees: (09/17/14) The percentage increase in the December CPI-W index from year to year determines the FECA COLA increase. After the eighth month of the twelve-month adjustment period for the 2015 FECA COLA, the CPI-W index has risen 2.119%. via Pay | APWU.