This Tuesday, Oct. 12, 2021, photograph shows a Social Security paper successful Tigard, Ore. Millions of retirees connected Social Security volition get a 5.9% boost successful benefits for 2022. The biggest cost-of-living accommodation successful 39 years follows a burst successful ostentation arsenic the system struggles to shingle disconnected the resistance of the coronavirus pandemic. (AP Photo/Jenny Kane)

This Tuesday, Oct. 12, 2021, photograph shows a Social Security paper successful Tigard, Ore. Millions of retirees connected Social Security volition get a 5.9% boost successful benefits for 2022. The biggest cost-of-living accommodation successful 39 years follows a burst successful ostentation arsenic the system struggles to shingle disconnected the resistance of the coronavirus pandemic. (AP Photo/Jenny Kane) (Copyright 2021 The Associated Press. All rights reserved.)

WASHINGTON – Millions of retirees connected Social Security volition get a 5.9% boost successful benefits for 2022. The biggest cost-of-living accommodation successful 39 years follows a burst successful ostentation arsenic the system struggles to shingle disconnected the resistance of the coronavirus pandemic.

The COLA, arsenic it's commonly known, amounts to $92 a period for the mean retired worker, according to estimates released Wednesday by the Social Security Administration. That marks an abrupt interruption from a agelong lull successful ostentation that saw cost-of-living adjustments averaging conscionable 1.65% a twelvemonth implicit the past 10 years.

With the summation the estimated mean Social Security outgo for a retired idiosyncratic volition beryllium $1,657 a period adjacent year. A emblematic couple’s benefits would emergence $154 to $2,753 per month.

The summation affects household budgets for astir 1 successful 5 Americans, astir 70 cardinal people, including Social Security recipients, disabled veterans and national retirees.

Copyright 2021 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.