Cola 2024 Increase Announcement In India. Read on to learn how the government arrives at a cola percentage, and how much you should expect your social security checks to increase. India's inflation continues to be low, stable and moving towards the 4 per cent target.

More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security administration announced on thursday. This is smaller than the 2023 cola which was the largest in nearly four decades.