SSA Sets September 1-23 Payment Schedule for 75.7 Million Recipients as 2027 COLA Nears 3.6%
Updated
Updated · Newsweek · Aug 17
SSA Sets September 1-23 Payment Schedule for 75.7 Million Recipients as 2027 COLA Nears 3.6%
3 articles · Updated · Newsweek · Aug 17
Summary
September payments will start on Sept. 1 for SSI recipients and end on Sept. 23 for Social Security beneficiaries born between the 21st and 31st, with Sept. 3 reserved for pre-May 1997 claimants and people receiving both programs.
75.7 million people received Social Security, SSI or both in July, underscoring the scale of the rollout; the SSA says missing payments should be reported only after three working days.
Average monthly benefits stood at $1,940.08 across Social Security, including $2,085.98 for retired workers and $1,635.27 for disabled workers, while SSI averaged $736.54 for 7.3 million recipients.
October will bring the official 2027 COLA after August and September inflation data arrive; current forecasts point to a 3.5%-3.6% increase, above the 2.8% adjustment for 2026.
The schedule lands as solvency concerns intensify: the OASI trust fund is projected to run out in late 2032, when incoming revenue would cover 78% of scheduled benefits.