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The Economic Times
The Economic Times
National
Piyush Shukla

October 14 is the big day for Social Security’s 2027 COLA: What retirees need to know before the big announcement; will September inflation data shape your raise

The Social Security Administration will announce next year’s cost-of-living adjustment (COLA) on Oct. 14 at 8:30 a.m. ET. The COLA is the yearly increase meant to help benefits keep up with rising prices.

The announcement will come after the Bureau of Labor Statistics releases September’s Consumer Price Index (CPI), the last inflation report the calculation needs.

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