Advocacy group The Senior Citizens League (SCL) has raised its estimate of social security cost-of-living adjustment (COLA) for 2025, citing higher inflation.
“The March CPI-W (Consumer Price Index for Urban Wage Earners and Clerical Workers) came in at 3.5 percent,” TSCL said in an April 10 press release. “That’s higher than the inflation trends indicated last month based on February’s CPI-W data. Based on this trend, The Senior Citizens League is adjusting the long-term forecast COLA to 2.6 percent in 2025.” The latest COLA estimate is higher than TSCL’s February projection of 1.75 percent.