Cola Increase 2024 Prediction. Experts predict a smaller cola for 2025. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.
A 2.6% to 2.7% cola in 2025 would increase their monthly. Social security benefits increased 3.2% in january 2024.