Cost Of Living 2024 Social Security Increase Uk. The social security administration (ssa) published wage base projections for 2025 through 2033 in the 2024 social security and medicare trustees report. The more than 71 million people who receive social security benefits still will enjoy a moderate cola or cost of living adjustment starting in january, but it will be lower.

The cost of living increased sharply across the uk during 2021 and 2022. 14 scottish government benefits including carer support payment, disability benefits and best start grants will increase by 6.7% in april.