2024 Cola Social Security Increase Chart. Of course, that's just the average. Starting in january, csrs retirees will receive the full 2024 cola adjustment of 3.2%, while fers retirees will see a 2.2% adjustment added to their.
Different agencies use different inflation factors, but social security used 3.2 for increasing the numbers for 2024. The 2.5 percent cola will bump up the estimated average social security retirement benefit by $49 a month, from approximately $1,927 to $1,976, starting in.
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