Social Security COLA largest in decades as inflation jumps

By RICARDO ALONSO-ZALDIVAR and CHRISTOPHER RUGABERan hour ago
WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.