COLA for Retirements? Teeensy… Weeeensy but yeah..

COLA Pay Raise

Wow.. at least it’s something!! Last year we got nothing.
🙂

The cost-of-living adjustment for retirees next year could test the idea if something really is better than nothing.

After getting no COLA this year in military and federal civilian retired pay, veterans disability compensation and Social Security because of the weak national economy, congressional economists are estimating that the pay adjustment this Dec. 1, which will take effect in January paychecks, will be just 0.1 percent.

Navy Times hosts the article, take a look at it here: http://www.navytimes.com/news/2010/03/military_retiree_cola_031610w/

Let us know what you think below..