Social Security 2024 Cost Of Living Increase In India. The august 2024 consumer price index report shows a 2.5% increase in average prices over the last 12 months, down from 2.9% in july. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023.
In 2024, the maximum taxable earnings. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.