Post by peterd on Nov 15, 2012 12:09:44 GMT -8
It’s official. The 2013 cost-of-living adjustment (COLA) for military retired pay, SBP annuities, Social Security checks, and VA disability and survivor benefits will be 1.7%, effective December 1, 2012. It will first appear in the January checks, which will be paid on December 31.
But there are two categories of military retirees who won’t receive a 1.7% COLA
2012 Retirees: Servicemembers who retired during calendar year 2012 will receive a somewhat smaller, partial COLA for this year only, because they already received a January military pay raise (which also raised their 2012 retired pay).
www.moaa.org/cola/
But there are two categories of military retirees who won’t receive a 1.7% COLA
2012 Retirees: Servicemembers who retired during calendar year 2012 will receive a somewhat smaller, partial COLA for this year only, because they already received a January military pay raise (which also raised their 2012 retired pay).
www.moaa.org/cola/