Will Ss Get A Cost Of Living Increase In 2024. The june 2024 consumer price index report shows a decrease in average prices. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday.

Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. The annual increases are called cost of living adjustments, or.