Social Security Cola 2024 Increase Percentage.  — the first automatic social security cola was 8 percent in 1975. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.

 — the senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024.  — the first automatic social security cola was 8 percent in 1975.