Social Security Cola 2024 Effective Date Uk. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. 14 scottish government benefits including carer support payment, disability benefits and best start grants will increase by 6.7% in april.

When will the 2024 social security benefits start? A cola of 3.5% would raise the average social security retirement benefit by $62.73 a month, based on the latest social security administration data.