Subscribe to RSS
http://www.armytimes.com/benefits/getting_out/online_hbml08_retirement_other_costoflivingadjustments/
Other benefits: Cost-of-living adjustments
Retired pay rises each year to ensure inflation does not erode retirees’ purchasing power. These cost-of-living adjustments, or COLAs, are based on changes in the Labor Department’s Consumer Price Index, a measure of the costs of certain categories of goods and services, over the final three months of each fiscal year — July through September.
The annual retiree adjustment usually is approved each Dec. 1, and first appears in January retired paychecks. It matches the annual increase in Social Security benefits.
The most recent increase, which took effect Jan. 1, 2008, was 2.3 percent.
Leave a Comment
Most Viewed Stories
- Marine scout snipers used Nazi SS logo
- Pentagon opens more military jobs to women
- How’s the PT uniform? Army wants to know
- Dining hall food to get healthy makeover
- Tricare pharmacy merger worries lawmakers
- PTSD counselor accused of faking war honors
- Miss. guardsman dies in Afghanistan
- Officer wants humanism officially recognized
- The ‘Stan: An officer’s unvarnished view
- Congress OKs 2nd warship for Philippines
- 3 arrested in pregnant spc.’s shooting death
- Amos sorry for Marine use of Nazi SS logo
Contests and Promotions
Enter our 2012 Red Carpet Contest!
Predict who will get the statues on Hollywood's big night and win a $200 Fandango Gift Card!
Click Here To Enter.
Win Tactical Night Vision Goggles!
Enter to Win the Military Times Sweepstakes!
Click Here To Enter.
Free Stickers
Click here and we'll send you a FREE AFGHANISTAN, IRAQ, VIETNAM, or DESERT STORM sticker.
Marketplace
Mil-Mall
VALOR and VISION: Heroes * Leaders * InnovationThis commemorative Military Times magazine, tells, in pictures and short essays, the story of our past decade at war.
Military Discounts
Save on your purchases!
In honor of your military service, you can find regular and name brand products at a special discount.
