It is nearly certain that there will be a COLA increase announced in a couple of months for next year, based on the increased inflation.
Why 'certain"?
The administration put a THREE YEAR FREEZE on our social security.
There was not one penny increase last year nor this - and scheduled the same for 2012.
There will be an actual increase in the cost of living - yes - as there was the last two years. But they deliberately left out the cost of things like food, gas, etc....as if they weren't essentials.
I wouldn't bet on a COLA for SS next year....unless it's just enough to then take it away with an increase in the medicare deduction - for the gov't to keep and embezzle.