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Social Security announces 2027 cost of living boost for recipients
SSA set a 3.6% Social Security COLA for 2027, lifting the average retired worker benefit by about $75 a month to $2,170—the largest rise in four years.
6 sources · Oct 15, 2026Read itThe journal
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About Old-Age, Survivors, and Disability Insurance
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The Social Security Act was passed in 1935, and the existing version of the Act, as amended, encompasses several social welfare and social insurance programs.
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