:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/6ZKJ6WX4SFEVVK7X7PFR2ZLZMU.jpg)
Latest "COLA" stories
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/6ZKJ6WX4SFEVVK7X7PFR2ZLZMU.jpg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/TNRD5MBS7VBCPJSHDICRFEWLVY.jpg)
Military retiree COLA may shrink in 2024. Here’s why that’s OK.
Experts predict a much lower cost-of-living adjustment to retirement pay and annuities as inflation rates cool off.
Vets will see a cost-of-living boost in benefit checks next year
Legislation passed by the House and Senate will ensure veterans benefits will get the same cost-of-living increase as Social Security payouts.
Troops overseas to get stability in their cost of living allowance
New law limits reductions to overseas COLA to no more than once every six months.
By Karen Jowers