U.S. Social Security issues 2.5 pct benefits hike, smallest in years

NEW YORK, Oct. 10 (Xinhua) -- Social Security recipients will see a 2.5 percent increase in their monthly checks next year, the federal government announced on Thursday, a smaller hike than in recent years, which was expected given the cooling of inflation.

The 2.5 percent increase will apply to all Social Security checks for retirees and people with disabilities beginning at the start of 2025.