2024 Social Security Cola Increase Update In India. The social security administration said the increased payments with the 2024 cola for supplemental security income (ssi) recipients began december 29,. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024.

The ssa is expected to announce the 2024 social security cola. That was the highest annual increase since 1981.