Payments to Social Security recipients could increase by 10.5 percent in 2019.
This is based on a recent assessment from the lobbying organization The Senior Citizens League.
The average retiree benefit, which is currently $1,668 per month, would increase by nearly $175 as a result of the hike.
The projection is based on the Social Security Administration's (SSA) June measurement for an inflation indicator used to determine the yearly cost of living adjustment.
It won't be known until the autumn how much more retirees, Americans with disabilities, and other recipients will actually receive.
The league warns that if inflation picks up over the next three months, the adjustment may be greater than currently anticipated, but may be less so if price rises remain mild.
The adjustment, whatever it turns out to be, will probably be the biggest since the early 1980s. The last time seniors received a double-digit increase was then.