2024 Cola Increase Ssa Employees

2024 Cola Increase Ssa Employees. The budget requests $15.4 billion in discretionary budget authority—a $1.3 billion or 9 percent increase over the 2023 enacted level—to improve customer service at ssa's. Experts predict a smaller cola for 2025.

The social security increase for 2024 was 3.2%, but with inflation cooling,. The average social security check for retirees stands at $1,907 in 2024, according to the social security administration.