2024 Social Security Cola Increase Disability In India. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2% higher in 2024. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

At this point, 2024 cola estimates are generally coming in within the 3% to 3.5% range. Social security and supplemental security income (ssi) benefits will increase by 3.2 percent in 2024.