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Social Security benefits will increase by 0.3 percent beginning with the December 2016 benefits, which are payable in January 2017. Federal SSI payment levels will also increase by 0.3 percent effective for payments made for January 2017.
SUPPLEMENTAL SECURITY INCOME (SSI) BENEFITS. Generally, the maximum Federal SSI benefit changes yearly. SSI benefits will increase in 2017 because there was an increase in the Consumer Price Index from the third quarter of 2015 to the third quarter of 2016.