Updated: October 14, 2005 Social Security announces the 2006 Cost of Living
Adjustment Monthly Social Security and Supplemental Security Income benefits
for more than 52 million Americans will increase 4.1 percent in 2006, the Social
Security Administration announced today.

Social Security and Supplemental Security Income benefits increase
automatically each year based on the rise in the Bureau of Labor Statistics'
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from
the third quarter of the prior year to the corresponding period of the current
year. This year's increase in the CPI-W was 4.1 percent.

The 4.1 percent Cost-of-Living Adjustment (COLA) will begin with benefits
that more than 48 million Social Security beneficiaries receive in January 2006.
Increased payments to 7 million Supplemental Security Income beneficiaries will
begin on December 30.



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