ClickOnDetroit · October 14, 2026
Social Security Administration Projects a 3.6% Cost-of-Living Adjustment Beginning in 2027, an Average of $75 Per Month
- The Social Security Administration projected on Wednesday that the annual cost-of-living adjustment will rise by 3.6% beginning in 2027, an average of $75 extra per month, according to the Associated Press report.
- The annual salary cap subject to payroll taxes is set to increase to $192,300 in 2027, from $184,500 in 2026, according to the report.
- Commissioner Frank Bisignano said in a statement that the adjustment will provide recipients with greater financial stability, according to the report; Nancy Altman, president of the Social Security Works advocacy group, said the adjustment is not keeping up with prices, according to the report.
Agency figures and statements as reported by the Associated Press; a recipient-advocacy response is included as documented in the source. Original headline: "Social Security recipients to get 3.6% cost-of-living boost, an average of $75 per month".
Removed: None beyond the figures and statements reported.
