Social Security Cola 2024 Increase Percentage In India. Annual inflation for 2022 was 6.5% versus the cola for 2023 at 8.7%. It's a smaller bump than the 8.7% cola increase beneficiaries received for this year, reflecting the gradual decrease.
That would add about $57 to monthly benefits, raising them to. It’s a smaller bump than the 8.7% cola increase beneficiaries received for this year, reflecting the gradual decrease.