Social Security sets 2027 benefit adjustment at 3.6%
The increase would add an average of $75 a month to retirement benefits and begin appearing in January payments.
The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027 that would reach about 76 million people.
The projected average increase in retirement benefits is $75 a month. The average benefit would rise from $2,095 to $2,170, although each person’s increase depends on the amount currently received.
People receiving Social Security retirement, disability or survivor benefits would receive the adjustment beginning in January 2027. Supplemental Security Income recipients would begin receiving the new amount on December 31, 2026.
The change would apply automatically, with no application required. People with a “my Social Security” account could review the new amount beginning in late November; mailed notices would arrive during December.