Social Security cost-of-living adjustment could be 2.7% in 2026, according to new estimate
Source: CBS News
Updated on: August 13, 2025 / 2:37 PM EDT
Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) next year, which is slightly more than the 2.5% boost U.S. retirees received this year. The new estimate comes from the Senior Citizens League, an advocacy group, which posted its prediction on its website on Tuesday after the Bureau of Labor Statistics released its latest inflation figures. AARP also released 2026 COLA estimates from experts, such as Mike Lynch, managing director of applied insights at Hartford Funds, who predicted a more modest adjustment in line with the 2025 COLA.
The Social Security Administration makes a cost-of-living adjustment each year to ensure benefits payments for U.S. seniors keep pace with inflation. The yearly adjustment, which the agency is scheduled to announce in October, would go into effect in January 2026. The SSA did not immediately respond to CBS MoneyWatch's request for comment.
Each fall, the agency uses inflation data from July, August and September to determine the COLA for the next year. The consumer price index (CPI), a basket of goods and services typically bought by consumers that tracks the change in prices on everyday items over time, showed that the inflation rate in July held steady at 2.7% on an annual basis, the same as it was in June.
The inflation rate has remained at or below 3% since the start of 2025. However, experts predict it could inch up later in the year as tariffs put more pressure on consumer prices. Alan Detmeister, an economist at UBS, told CBS MoneyWatch that he estimates headline CPI will rise to 3.7% and core CPI will rise to 3.8% by the second quarter of 2026.
Read more: https://www.cbsnews.com/news/social-security-cost-of-living-adjustment-2026/
Annual ballpark figures that various seniors organizations and federal government monitoring media will estimate as data gets released, ahead of the announcement that will come in October.
BoRaGard
(7,591 posts)GOPers need the money for billionaire golf and ball rooms...
wolfie001
(7,746 posts)And so many other greedy bastards. This guy is one ugly mf'er.

Skittles
(171,936 posts)wolfie001
(7,746 posts)Hilarious though.
Response to wolfie001 (Reply #7)
jfz9580m This message was self-deleted by its author.
wolfie001
(7,746 posts)Cheers!
Number9Dream
(1,883 posts)Our electric rate KWHr, went up 82% this year.
Boar's Head lunch meat recently went from $14.29 /lb to $15.49 / lb... That's ~ 8.3% increase.
Prescription drug prices up 90% to 300%.
Just a couple examples.
We need new employees in the SSA.
wolfie001
(7,746 posts)The stupid racist republican voters and the other jackasses that sat on their hands. Damn those dummies to hell.
slightlv
(7,808 posts)I remember under Obama's administration they said if we couldn't afford beef, we'd just move to chicken. And now look at the price of chicken!!!
And as wolfie said, any "increase" we get in COLA will simply go to Medicare. It always does. It makes sure to eat up not only the entire COLA, but adds a little more so in the end, we keep losing money year after year after year. And STILL we're dependent upon how young and middle aged people spend their money, which is vastly different from how seniors spend their money!
progree
(13,016 posts)To be clear (the headline is somewhat hyperbolic), he is Trump's nominee to run the BLS Bureau of Labor Statistics. The BLS produces the Consumer Price Index for Urban Wage Earners and Clerical Workers, which is the basis of the SS COLA
14h ago
Speaking on KTRH's Houston's Morning News in December, Antoni said Social Security was set up as a "Ponzi scheme" where "today's investors aretheir funds are being used to pay yesterday's investors."
"And unless you are going to grow the number of investors at an exponential rate, that system is eventually going to collapse. Well, since we can't grow the workforce at an exponential rate, especially today when our population is actually in a state of decline ((no it's not -Progree)), you're not going to be able to sustain a Ponzi scheme like Social Security," Antoni continued. "Eventually you need to sunset the program."
Antoni said current benefits need not be touched, but future retirees should not rely on the program. He advocated for transitioning to a system that uses private accounts "for just them."
Antoni argued for "some kind of transition program where, unfortunately, you'll need a generation of people who pay Social Security taxes but never actually receive any of those benefits," he continued. "And that sounds harsh, but unfortunately that's the price to pay for unwinding a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s."
More: https://www.msn.com/en-us/news/politics/trump-s-pick-to-oversee-social-security-cola-says-need-to-sunset-program/ar-AA1KsEIC
The study I've seen is that eliminating the maximum earnings cap will come very close to eliminating the problem for at least 75 years (per Congressional Research Service Dec 2021. https://sgp.fas.org/crs/misc/RL32896.pdf .
And no, it doesn't take an ever-growing population, let alone an exponentially increasing population, to make Social Security work.
DFW
(60,264 posts)I am still paying $10,000 a year into the system (still working full time), plus the Germans take out about 50% of the payments I do receive (no 15% freebie if you are taxed overseas).
So, while Im always happy to receive what is left over, something always being better then nothing, when you are paid in Dollars and live in Eurosan effective 15% income reduction for me this year so farand about 72% of my SS payout goes right back into government coffers, some people will get a bigger thrill out of the news than I did. I should note that some need it more than I do, so, good for them, I say!
FredGarvin
(846 posts)wolfie001
(7,746 posts)niyad
(132,777 posts)Old Crank
(7,126 posts)I will lose ten percent of the change due to trump's devaluation of the dollar vs the Euro.
The hike will still fund a decent dinner for Mrs. Crank and I at a local restaurant.
LiberalArkie
(19,848 posts)wolfie001
(7,746 posts)Last edited Wed Aug 13, 2025, 08:39 PM - Edit history (1)
Depending on the plan. I think Plan G is going to go way up because a lot of people switched over to that plan and they are in the sicker category of recipients.
LiberalArkie
(19,848 posts)wolfie001
(7,746 posts)I'm dealing with the dental crap right now. Out of pocket is crazy. I'm on Plan N.
niyad
(132,777 posts)A very large FUCK YOU to the goddamned bastards running this show now, and the same to anybody who supports them.
progree
(13,016 posts)See #19 in this thread
https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3512570
damifino10
(164 posts)I have yet to see a tariff @ 2.7%. Where in the hell do these folks get this increase with all the taco tariffs being
bounced around. 25% here, 50% there, etc. Who do these elected officials think they are kidding. In my opinion,
social security loses buying power every year. As our illustrious leader says, "it's fixed."