Social Security COLA Increase for 2016

Post Date: 10/26/15
Last Updated: 10/26/15

Summary

Cross References
- www.ssa.gov
- www.cms.gov

The Social Security Administration has announced that there will be no automatic increase in Social Security Benefits for 2016 because there was no increase in the Consumer Price Index (CPI) from the third quarter of 2014 to the third quarter of 2015. The chart below identifies key figures that are affected by the annual Cost-of-Living Adjustment (COLA) for the years 2014 through 2016.

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