2024 Social Security Increase Eligibility Increase. Eligibility for 63.6% social security increase applicants must fulfill certain requirements set forth by the ssa in order to be eligible for a 63.6% social security increase. The 2024 social security cola increase will provide beneficiaries with a boost in their monthly payments, potentially offsetting the impact of rising medicare part b premiums.

Eligibility criteria for social security payments 2024. One must meet the social security eligibility 2025 requirements as mentioned below to receive the increased social.