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PB Home  Back to Documents: 2023 Policy Directives    
Attached Document:
pd_23-11-eli.pdf


Documents: 2023 Policy Directives

#23-11-ELI:January 2024 RSDI/SSI COLA Increases
(This Policy Directive Replaces PD #22-10-ELI)

Social Security and Supplemental Security Income (SSI) benefits are adjusted each year to reflect the increase, if any, in the cost-of-living adjustment (COLA), as measured by the federal Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).  

The average CPI-W for the third quarter of the last year that a COLA was determined is compared to the average CPI-W for the third quarter of the current year. The resulting percentage increase, if any, represents the percentage that will be used to increase Social Security and SSI benefits for the following year.

The increase in Social Security and SSI, if any, must be reflected in the budgets for Cash Assistance (CA) and SNAP participants, as required.
 

 

Created: 2/1/2024