Social Security Cost Of Living Increase 2022. Starting in january, the increase will lift the typical monthly retiree benefit by $140 to $1,827. Increased payments to approximately 8 million ssi beneficiaries will begin on december.
The 5.9% cola will be the biggest boost to. Benefits from social security, which tens of millions of retired americans rely on to pay their bills, will increase by 5.9 percent in 2022, the social security administration said on.