My spouse was collecting Social security when he died in 2012. His monthly benefit at that time was$2425. If I begin receiving his benefit this year when i turn 64 will the COLA increases between then and now apply to my 82.5%?
Hi. I'm sorry for your loss. Yes, the Social Security cost of living increases that occurred since your husband's death would be added when calculating your survivor benefit rate. Your rate wouldn't necessarily be just 82.5% of your husband's primary insurance amount (PIA), though, unless he started drawing his benefits at age 62 . . . Read More