Social Security Administration (SSA) Announces 2023 Cost of Living Adjustment (COLA)

Social Security Administration (SSA) Announces 2023 Cost of Living Adjustment (COLA)

ODP Announcement 22-127 reports that, effective January 2023, the Social Security Administration (SSA) will increase the SSI allotment by 8.7 percent to reflect an increase in the cost of living. This raises the maximum monthly income to $914 for an eligible individual, $1,371 for an eligible individual with an eligible spouse, and $458 for an essential person. To account for the new Cost of Living Adjustment (COLA), Room and Board contracts should be reviewed to determine appropriate adjustment. The Office of Developmental Programs (ODP) has finalized a new Room and Board Residency Agreement ยง 6100.687 (DP 1077), which can be accessed here.

If a provider has already begun the process of adjusting the room and board payment for 2023 using the DP 1051, this form will continue to be accepted as current until the annual due date or until a change requires that a new form is completed. The provider must use the DP 1077 at the next annual due date or when there is a change

If you have any questions, please reach out to your ODP Regional Office.