The time period “COLA elevate 2025” is used to seek advice from a possible cost-of-living adjustment (COLA) that will happen within the yr 2025.
COLA raises are sometimes given to people who obtain Social Safety advantages, Supplemental Safety Revenue (SSI), or different government-funded applications. The aim of a COLA elevate is to assist these people sustain with the rising value of residing. The quantity of the COLA elevate is set by the Client Worth Index, which measures the modifications in costs for items and companies.