A new report has revealed that next year’s Social Security payments will rise substantially from 2026 figures. Social Security benefits are predicted to bump up to 3.3 percent in 2027, according to advocacy group The Senior Citizens League. That’s nearly a 20 percent increase over the current 2.8 percent adjustment. The 2027 average monthly payment to retirees would be $2,087, up more than $60 a month over 2026. The “cost-of-living adjustment” is made by the Social Security Administration and happens yearly to keep up with inflation . If 2027’s adjustment remains at 3.3 percent, it will mark the third-highest jump in the past 10 years, The Senior Citizens League said. The “cost-of-living adjustment” is made by the Social Security Administration and happens yearly to keep up with inflation (Getty Images) While the projected increase would have covered the inflation rate from January to March 2026, it would not keep pace with April’s 3.8 percent increase.…