From USA Today, t0 minutes ago (about 5:50 AM):
WASHINGTON – Some 55 million Social Security recipients will get a 3.6% increase in benefits next year, their first raise since 2009.
The increase was announced Wednesday when the government released a key measure of inflation, which determines whether people who receive Social Security get a cost-of-living adjustment, or COLA.
About 8 million people who receive Supplemental Security Income will also receive the 3.6% COLA, meaning the announcement will affect about one in five U.S. residents.
I should point out that the 3.6% SSI COLA pertains only to the Federal portion of the SSI payment. Those states which supplement the Federal amount have not announced what they’re going to do.