Minda Sybilla

Cola 2024 Increase Announcement For Retirees. The most recent analysis by the senior. Here's what retirees' increase will be as things stand now.

For the year 2024, annuitants who retired under csrs will receive 3.2 percent increase and those who retired under fers will receive a 2.2 percent increase. Since 2000, the average social security cola has been 2.6%.