Social Security’s cost of living adjustment will see its biggest jump in decades

Posted by on October 13, 2021 10:37 am
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Categories: US National Stories

Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.

The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.

(Image credit: Jenny Kane/AP)

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