Here’s the 2027 cost-of-living increase for retirees, veterans

Automatically curated summary from Army Times.

Social Security beneficiaries, military retirees, and veterans benefit recipients will receive a 3.6% cost-of-living adjustment (COLA) starting in January 2027, according to an announcement by the Social Security Administration. This adjustment, calculated using the Consumer Price Index to combat inflation, marks the highest increase in four years—0.8% higher than 2026's 2.8% COLA. The change affects roughly 72 million people, including VA program recipients linked to Social Security rates under 2024 legislation. Monthly benefit increases are estimated at $75 for average Social Security recipients, $90 for military retirees earning $2,500, and $54 for veterans receiving $1,500.

Context and limitations

The reported monthly payout increases are based on general estimates and examples; individual benefit changes will vary depending on personal eligibility and final official notices.