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Senior Citizens League Pegs Early 2027 Social Security COLA at 2.5%

The official adjustment arrives in October using third-quarter CPI-W data.

Overview

  • Seniors’ group’s first projection implies a 0.3 percentage-point dip from 2026’s 2.8% COLA.
  • At 2.5%, the average retirement benefit would be about $2,123, adding roughly $52 per month.
  • Financial experts caution that early estimates often shift because the COLA is based on Q3 inflation readings that are not yet available.
  • Analysts warn Medicare Part B premium increases could offset much of any boost, noting a 9.7% rise compared with the 2.8% COLA for 2026.
  • Debate over the inflation gauge continues, as using CPI-E instead of CPI-W has been shown to yield higher COLAs in some years, including an estimated lift for 2024.