The increase in pensions for retirees is official

On By Pranco

According to recent news from the Social Security Administration, the number is increasing retiree paychecks is now official. Therefore, retirees who also receive Supplemental Security Income will be the first group of beneficiaries to receive the new cost-of-living adjustment increase on December 31. Generally, the SSA delivers SSI benefits on the first day of each month, but since January 1 falls on a holiday, that payment is rescheduled for the previous business day, which is Tuesday, December 31. If you currently qualify for these benefits, learn more about the upcoming dates and requirements you need to receive these federal benefits.

The Social Security has announced the increase in pensioners’ salaries before the end of the year

Once the Social Security Administration issues the first increase in retiree paychecks, the next group of beneficiaries to receive the COLA increase will be those who applied for their first check before May 1997. Social security payment schedulethese beneficiaries receive their payment on the third day of the month, followed by three additional payments on the second, third and fourth Wednesday of the month. Because the official schedule can sometimes be confusing, we’d like to share the most important payment dates with you so you can mark them in your calendar.

Retired paychecks plus survivors, disability and SSI benefits Monthly benefits (2025) Criteria for delivering monthly benefits
Retired, disabled and surviving relatives (before May 1997) January 3 (Friday) Only those who have filed for Social Security benefits before this date will be eligible for payments.
Retired, disabled and surviving relatives (after May 1997) January 8 (Wednesday)

January 12 (Wednesday)

January 22 (Wednesday)

 Birth day: 1st-10th.

Birthdate: 11th-20th.

Birthday: 21st-31st.

It is important to emphasize that if retiree paychecks or other Social Security payments do not arrive on the scheduled date, you should wait at least three mailing days before contacting SSA customer service. Additionally, keep in mind that you have access to your My social security account to track your payments, download financial statements, apply for a new Social Security card, or even ask about other processes related to Social Security in the US.

How much money will beneficiaries receive as a result of the 2025 COLA increase?

Because of the new cost of living adjustment (COLA), which was set at 2.5% on October 10 last year, all social security benefits, including paychecks for pensioners, will receive this additional annual increase from January 2025. Even though the annual increase is lower compared to 2024’s 3.4%, beneficiaries will still receive benefits. increase to keep up with inflation and to cover their daily living costs. Below you can see how much each benefit amount per Social Security program will increase in 2025.

Retired pay slips Social Security checks 2.5% Coke increase Additional income
Average $1,900 $1,948 $48
Age 62 $2,710 $2,778 $68
Age 67 $3,822 $3,918 $96
Age 70 $4,873 $4,995 $122
Survival benefits Social Security checks 2.5% Coke increase Additional income
Average $1,505 $1,543 $38
Individually $1,773 $1,817 $44
2 children $3,653 $3,744 $91
Disability benefits Social Security checks 2.5% Coke increase Additional income
Average $1,537 $1,575 $38
Blind receivers $2,590 $2,655 $65
Maximum payment $3,822 $3,918 $96
SSI benefits Social Security checks 2.5% Coke increase Additional income
Average $698 $715 $17
Individuals $943 $967 $24
Couples $1,415 $1,450 $35
Essential person $472 $484 $12

Important changes to Social Security that beneficiaries should be aware of

To improve the beneficiary experience, the Social Security Administration plans to make many improvements in the coming year. Below you will find a list of the most important changes for 2025:

  • The maximum Social Security benefit in 2025 is $4,018.
  • The maximum Social Security benefit for 2025, including deferred retirement credits, is $5,108.
  • 2025 COLA-2.5%
  • The maximum taxable salary is $176,100.
  • The maximum quarterly coverage is $1,810.
  • Annual earning limit: $23,400.
  • The maximum monthly income is $1,950.
  • The annual income limit at full retirement age is $62,160, while the monthly income limit is $5,180.