Social Security Increase 2025 Projection. Cbo projects that if social security paid benefits as scheduled, spending on the program would increase from 5.1 percent of gross domestic product (gdp) in 2025 to 6.7 percent in 2098. Over the last decade the cola increase has averaged about 2.6%, with a high of 8.7% in 2023.
Approximately 79 percent were retired workers. Over the last decade the cola increase has averaged about 2.6%, with a high of 8.7% in 2023.