Social Security Cola 2024 Estimate Increase 2024. — a 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. September 9, 2024 1:15 pm.
In january 2024, payments rose by 3.2% over 2023, according. That’s less than half of the previous year’s cola increase.