Social Security recipients to get 3.6% COLA raise in 2027. Here’s what that’s worth

More than 70 million Social Security recipients will get a 3.6% pay raise next year, the Social Security Administration said.The 3.6% cost-of-living adjustment is up from 2.8% in 2026 and the largest since the 8.7% COLA increase in 2022, when inflation reached a 40-year high.