2024 Social Security Cola Increase Update Time. What will the social security cola raise be for 2024? Still, for those on a fixed income, any change in payments provides an opportunity to review the monthly.
An additional 3.2% bump will lead to an increase of $37 on. When the csrs cola rises more than 3% โ as it will in 2024 โ then fers retirees receive 1% less than the full 2024 cola.