2024 Cola Increase Military Retirement. The social security increase last year was 3.2%, down from 8.7% in 2023 — the highest such raise in 40 years. Defense department announces cost of living increase to retired pay.
Dive into what this means for retired service members on military.net! Benefits got an 8.7% cola last year and a 3.2% cola this year, both above.
The Social Security Increase Last Year Was 3.2%, Down From 8.7% In 2023 — The Highest Such Raise In 40 Years.
Benefits got an 8.7% cola last year and a 3.2% cola this year, both above.
Defense Department Announces Cost Of Living Increase To Retired Pay.
Retirement cost of living adjustments (cola) the retired pay computed under each retired pay plan is adjusted each year, effective december 1st, by the change in consumer prices.
Department Of Defense Announces Cost Of Living Increase To Retired Pay.
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June 16, 2023 · 4 Min Read.
The 2024 military retirement pay cola increase is 3.2%.
Dec 22, 2023 | 6 Min.
The social security increase last year was 3.2%, down from 8.7% in 2023 — the highest such raise in 40 years.