The Social Security Administration announced Wednesday, Oct. 14, 2026, that benefits will receive a 3.6% cost-of-living adjustment in 2027.
The agency said the adjustment is calculated using third-quarter readings of the Consumer Price Index for Urban Wage Earners and Clerical Workers, covering July, August and September. The adjustment is intended to account for inflation’s effect on the purchasing power of benefits.
Social Security retirement benefits will rise by an average of about $75 per month, according to the administration. Commissioner Frank Bisignano said the adjustment would reach 76 million Americans and provide greater financial stability.
The announcement concerns the scheduled 2027 adjustment; the source does not provide further details on individual benefit amounts.
