Social Security Checks to get small increase - KATV - Breaking News, Weather and Razorback Sports

Social Security Checks to get small increase

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(KATV) Social Security recipients will get an increase in their benefits in 2013, but not by much.

The American Institute for Economic Research estimates recipients can expect a bump of 1.5 to 1.7% in their benefits. That's less than half of the 3.6% of living increase recipients received earlier this year when inflation was higher.

The Labor Department will release its September inflation reading next week.

Those readings are used to calculate the cost of living adjustment made annually to benefits.