Social Security projected to rise 3.6% in 2027, but advocates call it insufficient
A projected 3.6% Cost of Living Adjustment for 2027 would be the biggest increase in four years but advocacy groups say it won’t meet retirees’ needs.
The latest projection shows Social Security beneficiaries are in line for a 3.6% Cost of Living Adjustment in 2027. While that raise would be the largest in four years, it falls far short of addressing the needs of retirees, according to a leading advocacy group.