The time period “COLA increase 2025” is used to check with a possible cost-of-living adjustment (COLA) that will happen within the yr 2025.
COLA raises are sometimes given to people who obtain Social Safety advantages, Supplemental Safety Revenue (SSI), or different government-funded packages. The aim of a COLA increase is to assist these people sustain with the rising price of residing. The quantity of the COLA increase is set by the Client Worth Index, which measures the modifications in costs for items and companies.