WASHINGTON — More than 75 million Americans who receive Social Security benefits will get a 3.6% increase in their monthly checks in 2027, the Social Security Administration said Wednesday while announcing the annual cost-of-living adjustment.
The increase is the largest since 2023 and up from the 2.8% adjustment recipients received in 2026.
The official announcement came after the Bureau of Labor Statistics released September’s inflation data at 8:30 a.m. Eastern Wednesday, Oct. 14.
In 2026, the average Social Security recipient receives around $2,087 per