New York Cost Of Living Payment 2025. New york has announced the official schedule for social security payments in january 2025, along with a 2.5% increase in benefits. By the close of 2025, new york state will send direct payments to everyday new yorkers.

The 2.5 percent cost of living adjustment (cola) applies only to the federal portion of the ssi congregate care level 3 benefit, which is $943 per month in 2024, and to the. As inflation continues to challenge household budgets, new york has confirmed the social security payment schedule for january 2025, alongside a 2.5% cost of living.