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Thread: No COLA for 2011
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09-17-10, 02:18 PM #1
No COLA for 2011
2011 Retiree COLA Watch
Week of September 13, 2010
The current Consumer Price Index shows a negative rate of inflation for the first three quarters of 2010. The CPI is the determining factor for the annual COLA for VA Disability Compensation and pensions, Military Retirement, and Social Security. Based on the current CPI rate it appears that 2011 will mark the second year in a row without a Cost of Living Adjustment.
This COLA differs from the Active Duty Cost of Living Allowance which is paid based on the cost of living in a given high-cost locality. This is typically released in late December.
Learn more about the Cost of Living Adjustment.
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09-17-10, 05:17 PM #2
I see that our crooks and felons in the congress received their pay raises this year. Self-serving muthafvckers!!!!!!!!!!!
SEMPER FI,
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09-17-10, 05:26 PM #3
how did they figure a negitive rate of inflation? must be they didn't look around here, if prices went down I sure didn't see it. Unless they are figureing housing market,
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Missing out on some changes
05-10-24, 07:06 PM in The Drifter's Place