Social Security

Latest on 2017 Social Security COLA

The June CPI-W indicates we are on track for a very modest COLA.  July, August and September numbers will tell the final story. 

A COLA effective for December of the current year (end of December 2016) is equal to the percentage increase (if any) in the average CPI-W for the third quarter of the current year over the average for the third quarter of the last year (2014) in which a COLA became effective. If there is an increase, it must be rounded to the nearest tenth of one percent. 

If there is no increase, or if the rounded increase is zero, there is no COLA.

2014    July    234.525   August    234.030  September   234.170   Average 234.242

2016  June 235.308


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