Rep. Jim Costa@RepJimCostaGREAT NEWS! The Social Security Administration announced an 8.7% cost-of-living-adjustment (COLA) for seniors, beginning in 2023. This is the largest increase in four decades.cnn.comSocial Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years |...Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday.5:26 PM · Oct 13, 20221 Retweet