Cola Increase 2024 Projections

Cola Increase 2024 Projections. That’s lower than the 2.63% estimated in july and the 2.57% estimated in august. Retirees are looking at an average monthly bump of $48, or an increase of 2.5%, according to projections released on wednesday.

The wage base is the maximum amount of. Retirees are looking at an average monthly bump of $48, or an increase of 2.5%, according to projections released on wednesday.