Social Security Cola 2024 Payment Schedule In India. The average social security retirement benefit in 2024 is $1,907. Supplemental security income (ssi) benefits are paid out on the first of each month.

“social security and ssi benefits will increase in 2024, and this will help millions of people keep up with expenses,” said kilolo kijakazi, acting commissioner of. The 2024 cola should bring the average benefit to about $1,770,.