Overview
- The Social Security Administration’s Oct. 15 COLA announcement hinges on September CPI-W data that the Bureau of Labor Statistics has not released due to the shutdown.
- All but one of the BLS’s 2,055 employees are furloughed, and the agency’s contingency plan warns that economic data releases will likely be delayed.
- Roughly 70 to 72.5 million people receive Social Security or SSI, and a postponed announcement would complicate budgeting for 2026 even though payments continue on schedule.
- Independent estimates from The Senior Citizens League point to an increase of about 2.7%, which would add roughly $54 a month for the average retired worker.
- The situation has a precedent from October 2013, when a shutdown delayed the CPI release until Oct. 30 and pushed back the COLA announcement.