COLA News: Be Ready for an Even Smaller Boost in 2025
February 07, 2024
February 07, 2024
WASHINGTON, Feb. 7 [Category: National Defense] -- The Military Officers Association of America issued the following news:
After three years of above-average increases in military retirement pay and Social Security benefits, falling inflation figures point to a 2025 cost-of-living adjustment (COLA) far below what recipients may have come to expect.
This year's 3.2% COLA hike was well below the last two annual increases of 8.7% and 5.9%, respectively. But aside from thos . . .
After three years of above-average increases in military retirement pay and Social Security benefits, falling inflation figures point to a 2025 cost-of-living adjustment (COLA) far below what recipients may have come to expect.
This year's 3.2% COLA hike was well below the last two annual increases of 8.7% and 5.9%, respectively. But aside from thos . . .