Cola Increase 2024 Forecast

Cola Increase 2024 Forecast. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. The good news is that colas are rounded to the nearest tenth of a percentage point, so both estimates imply payouts will increase by 2.6% in 2025.

The next cola will be announced thursday and be. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said.