The time period “COLA increase 2025” is used to discuss 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 applications. The aim of a COLA increase is to assist these people sustain with the rising price of dwelling. The quantity of the COLA increase is set by the Shopper Value Index, which measures the adjustments in costs for items and companies.