Cola Increase 2024 Calculator Ssc. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. As shown above, a 3% cola in 2024 means the average retired worker would receive an extra $55.12 in monthly benefits, while spouses would get an.
Ssa calculates the percent change. The social security cola for 2023 was 8.7%.