Social Security Increase 2025 Announcement India. While this figure provides a slight boost to social security checks, it is smaller than the 2023 increase of 8.7% and the 2024 increase of 3.2%. The full retirement age for social security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
The govt is focused on better quality spending, enhancing the social security net, and reducing the fiscal deficit to 4.5 per cent of gdp by fy26. The most recent projections place the cola forecast at roughly 2.5%, but we won’t know for sure until the announcement on october 10.
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