Ssi Payment 2024 Increase. Ssi benefits increased in 2024 because there was an increase in the consumer price index from the third quarter of 2022 to the third quarter of 2023. For 2024, social security benefits and supplemental security income (ssi) payments will increase by 3.2%.
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.