Social Security Cost-of-Living Adjustment Forecast to Be 2.8 Percent Next Year, Group Says

The COLA for 2026 was also a 2.8 percent increase and went into effect in January.

Blank U.S. Treasury checks are run through a printer at the Treasury printing facility in Philadelphia on July 18, 2011. William Thomas Cain/Getty Images

A prominent seniors group forecast that the Social Security cost-of-living adjustment (COLA) for 2027’s payments will be a 2.8 percent increase, coming after the federal government released new data on inflation.

In a news release issued Friday, The Senior Citizens League, a nonpartisan advocacy group for retired Americans, said the 2.8 percent increase in Social Security payments is 0.3 percentage points higher than last month’s prediction of 2.5 percent.