Cola Increase For 2024 Inflation Rate

Cola Increase For 2024 Inflation Rate. 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 additional $26.79,. The central bank now sees inflation for q1, q2, q3 and q4 of this fiscal year at 4.9 per cent,.


Cola Increase For 2024 Inflation Rate

The 3.2 percent boost for 2024 increased the average monthly benefit. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since march of 2021 (and.

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