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Social Security Recipients to Get Puny Cost-of-Living Increase

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    FBN’s Dennis Kneale on Social Security recipients expecting a cost-of-living increase of only 1-2%.

  • Duration 0:28
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We've got -- puny cost of living raise coming for Social Security recipients.

Preliminary figures show the annual benefit boost.

Will be between only one in 2% which would be among the lowest since automatic adjustments were adopted in 1975.

Typical retiree can expect a raise.

Like twelve dollars to twenty -- dollars a month in January.

Just enough to pay -- that early bird special the size of the increase we've made official tomorrow when the government releases inflation figures.

For September.