2024 Ssi Cola Increase Chart. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. The average monthly retirement benefit will increase from $1,848 to $1,907, and the average benefit.
The average monthly retirement benefit will increase from $1,848 to $1,907, and the average benefit. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.