Social Security Cola 2025 Amount Announcement Date. According to a fact sheet published thursday, the average social security retirement payment will increase by $49. The social security administration will officially announce the cola, expected to be about 2.5%, on oct.

Increased payments to nearly 7.5 million people receiving ssi will begin on december 31, 2024. The official social security cola for 2025 is scheduled to be announced on october 10 at 8:30 am et.