Under title II of the Social Security Act (Act), there will be a 1.6 percent cost-of-living increase in Social Security benefits effective December 2019. In addition, the national average wage index for 2018 is $52,145.80. The cost-of-living increase and national average wage index affect other program parameters as described below.
- Document Number
- 2019-22921
- Published in
- United States of America