2025-19763: Cost-of-Living Increase and Other Determinations for 2026
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Under title II of the Social Security Act (Act), there will be a 2.8 percent cost-of-living increase in Social Security benefits effective December 2025. In addition, the national average wage index for 2024 is $69,846.57. The cost-of-living increase and national average wage index affect other program parameters as described below.
The agency’s own summary, as published.
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