New Social Security COLA Projections Released for 2027 Adjustment
A cooler June inflation report lowered forecasts, with AARP seeing a 3.6% increase and the Senior Citizens League holding at 3.8%.
- New estimates project a 3.6% to 3.8% Social Security COLA increase for 2027, with benefits rising about $75 to $79 monthly after June's cooler-than-expected inflation report.
- June Consumer Price Index data showed a 3.5% increase, falling below expectations and down from May's 4.2% peak, which triggered downward revisions in COLA projections.
- The Social Security Administration will finalize the 2027 adjustment on October 14, using inflation data collected from July through September to determine the official figure.
- Senior Citizens League statisticians forecast a 3.8% increase, though research shows Social Security benefits have lost nearly 14% of buying power over the past decade.
- Current estimates remain subject to change as the Social Security Administration awaits the September CPI report before announcing the final adjustment in October.
18 Articles
18 Articles
South Florida Reporter
MoneySocial Security COLA Estimate Drops After Inflation Cools
By: Pete Grieve – Editor: Katherine Peach Social Security recipients can expect a smaller cost-of-living adjustment, or COLA, in 2027 after the annual inflation rate tumbled in June, driven by the largest drop in consumer energy prices in over six years. Mary Johnson, an independent Social Security policy analyst, significantly revised her estimate of the 2027 COLA downward. Johnson cut her forecast by a full percentage point — from 4.7% last m…
Social Security’s new COLA prediction is out and it’s more bad news for retirees
Inflation-weary retirees won’t see much relief in the latest projections regarding next year’s Social Security increase. The non-partisan advocacy group The Senior Citizens League’s new estimate predicts the Cost of Living Adjustment, or COLA, will be 3.8%, a figure that’s…
Advocacy Group Releases New Social Security COLA Projections for 2027 Payments
A prominent advocacy group for retired Americans on Tuesday predicted that the cost-of-living adjustment (COLA) for next year’s Social Security payments will increase by 3.8 percent, coming as the federal government released its anticipated monthly inflation data. The Senior Citizens League (SCL), which offers monthly forecasts on COLA for the next year’s payments, said in a statement that the 3.8 percent is “unchanged from last month and 1.0 pe…
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