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A three-week government shutdown has delayed the annual Social Security cost-of-living adjustment announcement to Oct. 24, complicating financial planning for 70.6 million beneficiaries.

The projected 2.7% increase faces criticism from beneficiaries who say it won’t cover rising costs for groceries and health care expenses.

The delay adds to Social Security’s challenges as the program’s trust fund is projected to pay only 81% of benefits by 2034.

WASHINGTON — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries.

Originally scheduled for Wednesday, the 2024 Social Security COLA

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