2024 Ssi Cola Increase. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

This adjustment will affect social security retirement, disability, and ssi payments. There were about 67 million beneficiaries at the end of the calendar year.