When Is Cola Announced For 2023
Increased payments to more than 7. When will the 2023 cola be announced? Some experts suggest that the. An ssa spokesperson confirmed with the website verifythis.com that the 2023 cola will be announced in october.
A new estimate was recently released from the senior citizens league, setting the 2023 cola increase at 8.7%, according to cnbc. It can drop as low as 7.7% if that is not the case. Federal employees retirement system (fers) annuities will receive a 7.7 percent cola. The cola will increase 8.7% for.