News Social Security cost-of-living increase to raise benefits 1.6% in 2020 October 10, 2019October 10, 2019 Paul Davidson, USA TODAY Comments Off on Social Security cost-of-living increase to raise benefits 1.6% in 2020 Social Security's cost-of-living adjustment will raise benefits 1.6% in 2020. That's down from 2.8% in 2019 and in line with modest gains past decade