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Social security annual cost-of-living set to increase in 2022

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WASHINGTON - Rising inflation is expected to lead to a sizeable increase in Social Security's annual cost-of-living adjustment, or COLA, for 2022.

Exactly how much will be revealed Wednesday morning after a Labor Department report on inflation during September, a data point used in the final calculation.Over the last 10 years, the Social Security COLA has averaged about 1.7% annually as inflation remained low.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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