Social Security sets 3.6% 2027 increase and shifts November payment dates
The gist
The Social Security Administration announced a 3.6 percent cost-of-living adjustment for 2027, raising the average retirement benefit by $75 a month.
The change reaches nearly 72 million beneficiaries, with the first higher SSI payment on Dec. 31.
How it unfolded
- Oct 24, 2025SSA announced a 2.8 percent benefit increase for 2026, lifting benefits for 75 million Americans; the average retirement benefit rose about $56 a month starting January 2026.
- Oct 14, 2026SSA announced a 3.6 percent cost-of-living adjustment for 2027 for nearly 72 million beneficiaries; the average retirement benefit rises $75 a month.
- Oct 28, 2026The final round of October Social Security payments went out to recipients with birthdates on the 21st through 31st.