Social Security COLA and Benefits Updates Amid Government Shutdown
Originally Published 2 months ago — by CBS News
The Social Security Administration's annual COLA announcement for 2026, originally scheduled for October 15, will be delayed due to the government shutdown, with the new date set for October 24, coinciding with the release of September CPI data. The expected increase in benefits is around 2.7%, which may slightly raise monthly payments for retirees, but ongoing inflation pressures could impact the real value of these benefits.