Overview
- Advocacy group The Senior Citizens League now pegs the 2027 increase at 2.8 percent, matching this year’s adjustment.
- Social Security analyst Mary Johnson separately estimates a 3.2 percent increase based on March inflation data reported by CNBC.
- Gasoline prices jumped 21 percent in March and overall inflation rose to 3.3 percent, according to the Bureau of Labor Statistics.
- Recent oil and gas spikes followed Iranian limits on Strait of Hormuz shipping after U.S. and Israeli strikes, constraining a route that carries about one‑fifth of global oil and liquefied natural gas.
- The official COLA, which affects more than 70 million beneficiaries, will be calculated from CPI‑W readings through the summer and announced in October.