(NEXSTAR) – Social Security beneficiaries could see a slightly larger bump in their checks in 2026, according to a new projection from The Senior Citizens League (TSCL).
The TSCL model predicts that the cost of living adjustment (COLA) will be 2.7 percent next year, up from 2.5 percent in 2025.
"Seniors across America are holding their breath as we wait for the official COLA announcement in October," TSCL Executive Director Shannon Benton said in a statement. "Our research shows that about 39 percent of seniors depend on their benefits for all their income, so the COLA announcement has a direct effect on their quality of life."
If the official announcement on Oct. 15 matches the projection, it would raise the average benefit for retired workers by $54, from $2,008 to $2,062. The estimat