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Military Retirees, Survivors to see 1.6% COLA Boost in 2020

Military retirees and eligible survivors will receive a 1.6% boost in their monthly pay beginning in January based on the Pentagon’s annual cost of living adjustment, the Defense Department announced in early November. The 2020 adjustment is less than last year’s 2.8% increase, but it is comparable to adjustments in other recent years.

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Military retiree COLA

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Military Retiree cola

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