There will be no cost-of-living increase in Social Security benefits effective December 2015. The national average wage index for 2014 is $46,481.52. The cost-of-living increase and national average wage index affect other program parameters as described below.
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Cost-of-Living Increase and Other Determinations for 2016
There will be no cost-of-living increase in Social Security benefits effective December 2015. The national average wage index for 2014 is $46,481.52. The cost-of-living increase...
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80 FR 66963
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“Cost-of-Living Increase and Other Determinations for 2016,” thefederalregister.org (October 30, 2015), https://thefederalregister.org/documents/2015-27828/cost-of-living-increase-and-other-determinations-for-2016.