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Social Security benefits to rise 3.6% in 2027

By ChordNews · First written (new coverage )

Social Security recipients will see rise in monthly payments next year
Image: axios.com
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Summary

The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027, with higher payments due in January, Axios reports. The adjustment applies to 76 million retirement and disability benefit recipients and will add an average of $75 a month to retirees’ benefits, according to Axios. The New York Times and Al Jazeera also report the 3.6% increase; The Guardian describes it as a promise by the Trump administration.

Later: Social Security benefits may face 22% cuts in 2032 despite 2027 boost

Timeline

  1. Axios

    Source ↗

    Axios reports that the Social Security Administration announced a 3.6% cost-of-living adjustment for 2027, adding an average of $75 a month to retirees’ benefits.

  2. The New York Times

    Source ↗

    The New York Times reports that the Social Security cost-of-living adjustment for 2027 will be 3.6%.

  3. The Guardian

    Source ↗

    The Guardian reports that the Trump administration promises Social Security recipients a 3.6% increase in 2027.

  4. Al Jazeera

    Source ↗

    Al Jazeera reports that US Social Security benefits are set to rise by 3.6% in 2027.

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