{"id":31336,"date":"2024-08-19T17:12:27","date_gmt":"2024-08-19T17:12:27","guid":{"rendered":"https:\/\/one.sightlinemg.com\/federaltimes\/uncategorized\/2024\/08\/19\/vets-may-see-only-a-small-cost-of-living-boost-in-benefits-next-year\/"},"modified":"2026-08-08T16:31:15","modified_gmt":"2026-08-08T16:31:15","slug":"vets-may-see-only-a-small-cost-of-living-boost-in-benefits-next-year","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/federaltimes\/home\/2024\/08\/19\/vets-may-see-only-a-small-cost-of-living-boost-in-benefits-next-year\/","title":{"rendered":"Vets may see only a small cost-of-living boost in benefits next year"},"content":{"rendered":"\n

Recipients of Social Security<\/a> checks and veterans benefits payouts could see a cost-of-living adjustment<\/a> of less than 3% in 2025, the lowest mark since before the COVID-19 pandemic, according to an independent watchdog group.<\/p>\n\n\n\n

Officials from the Senior Citizens League<\/a> \u2014 an affiliate of TREA: The Enlisted Association \u2014 last week announced their latest projection for Social Security COLA rates for the upcoming year, estimating the figure will be less than 2.6%.<\/p>\n\n\n\n

In a statement, the group said that figure is \u201csubstantially lower\u201d than the 3.2% adjustment that was implemented at the start of 2024.<\/a> The cost-of-living adjustment rate hasn\u2019t been below 3% since early 2020, when it was down to 1.3%.<\/p>\n\n\n\n

Social Security officials typically announce their cost-of-living calculations for the coming calendar year in early October. <\/p>\n\n\n\n

In recent years, estimates unveiled by the Senior Citizens League\u2019s in late summer have come within a percentage point of the official adjustment mark.<\/p>\n\n\n\t