Social Security recipients may get biggest cost-of-living bump in almost 40 years

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CBS News 13 July, 2021 - 02:35pm 41 views

What is the COLA for 2022?

The annual cost-of-living adjustment, or COLA, for Social Security benefits in 2022 — usually announced in October — could be 6.1%, the highest since 1983, based on Tuesday's Consumer Price Index announcement, according to Social Security and Medicare policy analyst Mary Johnson of the Senior Citizens League, which ... BenefitsProSocial Security COLA estimate for 2022 raised to 6.1%

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