The time period “COLA increase 2025” is used to confer with a possible cost-of-living adjustment (COLA) which will happen within the 12 months 2025.
COLA raises are usually given to people who obtain Social Safety advantages, Supplemental Safety Revenue (SSI), or different government-funded packages. The aim of a COLA increase is to assist these people sustain with the rising value of residing. The quantity of the COLA increase is set by the Shopper Worth Index, which measures the modifications in costs for items and companies.