2024 Social Security Increase Estimate In India. The latest such increase, 3.2. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. As previously reported by gobankingrates, a 3.0% cola would represent a big drop from this year’s cola of 8.7% — the highest since the early 1980s.