2020 Social Security Benefits to Increase 1.6%
Snippet of Article: "...recipients of Social Security benefits, is a downgrade from the 2.8% increase some federal retirees received in 2019, and the 2% boost they saw in 2018. The annual COLA is based on the percentage increase in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)..."
Source: www.govexec.com