Social Security Payments To Rise 2.8 Percent
The 75 million Americans who receive Social Security benefits will see a 2.8 percent increase in payments next year, the Social Security Administration said Friday, Oct. 24. The cost-of-living adjustment is just below the inflation rate of 3 percent announced by the Bureau of Labor Statistics, also on Friday.
The adjustment is lower than the average over the past decade, but higher than last

