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Posted on 09/15/2026 9:10:14 AM PDT by SeekAndFind
Senior citizens group AARP last week forecast a 3.6 percent increase in Social Security payments for 2027, citing current inflation data.
If the projection holds steady, it would be the largest cost-of-living adjustment (COLA) since the 8.7 percent increase that took effect for 2023 benefits. The adjustment that went into effect for payments sent out in 2026 was 2.8 percent.
The average monthly Social Security payment in July was about $2,086, and a 3.6 percent rise next year means retirees will receive about a $75 per month increase under AARP’s Sept. 11 projection. Social Security Disability Insurance recipients would receive an increase of $59 per month, and the average monthly benefit for a surviving spouse would rise by about $70 per month, according to the organization.
The 2027 COLA is set to be announced in October when the Department of Labor releases its consumer price index (CPI) figures for September. The next year’s COLA is determined by the CPI for urban wage earners and clerical workers, sometimes called the CPI-W, for the months of July, August, and September.
Noting that a number of older Americans use their monthly Social Security payments for large portions of their income, AARP Public Policy Institute official Rich Johnson said on Sept. 11 that “family budgets have been under increasing pressure because of rising prices.” “The sooner that we can give them reliable information as to how much their benefits might [increase next year], the sooner they can start planning,” he said.
Tyler Bond, with the National Academy of Social Insurance nonprofit, said that the 2027 adjustment to Social Security payments “will be particularly important” for tens of millions of older Americans because of higher costs of living.
Similarly, the Senior Citizens League said in a Sept. 11 forecast that the COLA would be 3.5 percent, or 0.1 percent lower than the group predicted last month. The average benefit will increase by $67.90, the seniors league stated.
“No matter if the COLA announcement comes in slightly higher or slightly lower than our prediction, seniors will probably end up disappointed in the long run. The reality is that older Americans allocate their budgets differently than people still in the workforce, so inflation hits them differently,” Senior Citizens League President Shannon Benton said in a statement.
She said that the “CPI-W captures the experience of urban wage earners, which doesn’t represent the average senior’s budget.” Previously, Benton called for the COLA to be based on the CPI for elderly people, or CPI-E. The Department of Labor on Sept. 11 said the CPI increased by 0.4 percent last month after edging up by 0.1 percent in July. In the 12 months through August, consumer inflation advanced by 3.4 percent.
The Social Security COLA will take effect starting with payments sent out on Jan. 1, 2027.
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And how much is Medicare going up?
How much will Medicare go up?
The average benefit will increase by $67.90.
Medicare will probably go up $70.
Good. That might save some Congressional seats in the midterms.
Medicare premium projected to rise from 202.90 to 209.50.
Wow, what a return on what they have stolen from us since its inception.
How much would payments increase if it were only given to retired citizens?
The annual trustee report projects a $209.50 monthly Part B premium for 2027, up from $202.90 this year. That 3.25% change is the smallest since a 3.06% decrease in 2023, which came after a record-setting 14.55% hike the previous year.
The rest of the Part B monthly premium projections from the report:
2028: $224.50
2029: $238.50
2030: $255.50
2031: $272.10
2032: $290.20
2033: $313.65
2034: $338.50
2035: $360.60
So the SS increase just covers the Medicaid increase.
Supplemental policies will be going up 10-20%.
Ten to twenty % insurance company increases - are you kidding ?
Last year my wife’s social security benefit went up $22
Her supplemental Plan F medicare from Mutual of Omaha went up $84, and it now totals close to $500 a month which I’m sure it will be more than that next year.
She didn’t even go to a doctor last year or this.
This can’t go on. Why doesn’t the Trump administration focus on runaway supplemental health plan costs ?
Just found out yesterday that her pharmaceutical plan from AARP (United Health Care) is going up from $82 to $147a month next year. Plus there is a $700 deductible for the insurance company. Neither one of us is on any medication. Got no choice but to drop AARP.
It is beyond crazy with health care providers putting the screw on seniors.
I heard 6.60 bucks a month for Medicare increase. You’ll make out with this particular Social Security increase. You will come out ahead.
So for your wife’s health insurance alone you’re paying about $8,000 a year.
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