Federal Managers Association

In the News

• Social Security Announces 2.5 Percent Benefit Increase for 2025 - October 10, 2024

• By Nate Osburn, Deputy Commissioner, Office of Communications, Social Security Administration

  Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5% in 2025, the Social Security Administration announced today. On average, Social Security retirement benefits will increase by about $50 per month starting in January.
  
  Over the last decade the cost-of-living adjustment (COLA) increase has averaged about 2.6%. The COLA was 3.2% in 2024.

  To read the full post, click here.

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