Story perspectives

2026 COLA Announcement Looms Amid Possible Government Shutdown

10/10/2025

Summary

Story summary

Social Security Administration (SSA) will announce the 2026 cost-of-living adjustment (COLA) on October 15.
A government shutdown could delay the SSA announcement. Social Security payments will continue.
Bureau of Labor Statistics (BLS) has furloughed employees, slowing release of Consumer Price Index (CPI) data.
Experts project a 2.7% COLA for 2026, up from 2.5%.

History

Historical Context

The Social Security Act, signed by President Franklin D. Roosevelt on August 14, 1935, aimed to provide economic security during the Great Depression by establishing a safety net for the elderly and unemployed. Initially benefiting 50% of older Americans, it significantly reduced poverty rates. Today, the Social Security Administration continues to adapt benefits, with a projected 2.7% cost-of-living adjustment for 2026, underscoring its vital role in economic stability.

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Story summary

Social Security Administration (SSA) will announce the 2026 cost-of-living adjustment (COLA) on October 15.
A government shutdown could delay the SSA announcement. Social Security payments will continue.
Bureau of Labor Statistics (BLS) has furloughed employees, slowing release of Consumer Price Index (CPI) data.
Experts project a 2.7% COLA for 2026, up from 2.5%.

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