Cola Increase 2024 Forecast.  — as shown above, a 3% cola in 2024 means the average retired worker would receive an extra $55.12 in monthly benefits, while spouses would get an.  — the league's latest predictions points to a cola of 2.5%, which is slightly lower than its august prediction of 2.57%.

 — a cola of 3.0% would raise the current average monthly benefit of $1,787.00 by about $53.60, according to the senior citizens league.  — that’s surprising because social security recipients have received relatively large colas in recent years: