3.2% Social Security Hike Coming To Thousands Of Connecticut Residents

About 71 million people nationwide — including retirees, disabled people and children — receive Social Security benefits. The average Social Security recipient will get a bump of about $50 a month, starting in January. The raise has roots in Connecticut. U.S. House Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) released the following statement on the announcement that the Social Security Cost of Living Adjustment (or COLA) for 2024 will be 3.2 percent. "Seniors know that Social Security's annual COLA is vital," Larson said. "Unfortunately, the...