Oct 22, 2014

Military Retirees to Get 1.7 percent COLA for 2015

"...Federal and military retirees will receive a 1.7 percent cost-of-living adjustment (COLA) starting in January, according to figures released Oct. 22 by the Bureau of Labor Statistics.

The COLA will also apply to tens of millions of recipients of Social Security and veterans benefits. The increase was 1.5 percent in 2014 and 1.7 percent in 2013.

The planned increase, based on Consumer Price Index data, takes into account the average changes in..."

Read more at Federal Times