Cola Increase 2024 Prediction

Cola Increase 2024 Prediction. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. It's natural to want a larger increase in your income than a smaller one.

This is more or less on par with its prediction of 2.63% after the june inflation report, and is a mirror image of its 2.57% cola forecast for 2025 following the may inflation report. That’s because colas are based on third quarter inflation data, so we’ll need.