Wisconsin Retirees See Social Security Boost in 2027

A 2011 photo shows an exhibit at the Franklin D. Roosevelt Presidential Library Museum that commemorated the 75th anniversary of the signing of the Social Security Act in August 2010. (FDR Presidential Library Museum | via Flickr, CC BY 2.0) Wisconsin retirees will see higher monthly Social Security payments next year. The cost-of-living adjustment (COLA) for 2027 is 3.6 percent, or roughly $75 per month on average. It’s the largest increase since 2023. But the program’s cost-of-living adjustment may not keep up with higher costs for food, gas, housing and other items due to inflation. The latest Consumer Price Index data shows the costs of goods in September rose 3.7 percent compared to the same time last year. The COLA is intended to keep pace with inflation as costs rise. But it can sometimes lag because it’s calculated from prices earlier in the year, said Devon Christianson, director of Brown County’s Aging and Disability Resource Center, on WPR’s “Wisconsin Today.” “(COLA) do