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Social Security’s “Good News/Bad News” COLA Story - The Senior Citizens League
The Senior Citizens League (TSCL) this week predicted that the 2027 Social Security cost-of-living adjustment (COLA) could reach 3.8%, a full percentage point higher than the 2026 adjustment. Of course, that’s the good news, but the driver here is the bad news — inflation. TSCL’s press release discusses the projection (click here to read it), noting “A 3.8 percent COLA might sound like a lot compared to last year’s 2.8 percent, but it won’t be enough to make up the difference between what seniors bring in and what they need to live with dignity.”
We won’t know until October what the final adjustment will be, since only the CPI-W readings for July through September form the basis for the calculation. Without a substantial CPI-W drop from the readings earlier this year, though, it’s likely that the 2027 adjustment will exceed the 2026 change.