2024 Military Cola Increase. Dive into what this means for retired service members on military.net! There will be a 3.2% cost of living increase in 2024.
A key indicator points to a 5.2% military pay raise in 2024, higher than the 4.6% boost set to take effect in 2023 and the. Cost of living adjustments (cola) affect social security, retirement pay and veterans benefits like department of veterans affairs.
Dive Into What This Means For Retired Service Members On Military.net!
The 2024 military retirement pay cola increase is 3.2%.
Courtesy Photo Via Defense Department.
Use the calculator below to look up cola rates outside of the contiguous united states (oconus).
Military.com | By Patricia Kime.
Images References :
Veterans May Receive Monthly Benefits This Month With A 3.2 Percent Bump Thanks To The Cola.
The 2024 military retirement pay cola increase is 3.2%.
Published December 07, 2023 At 10:02Am Et.
Courtesy photo via defense department.
Find The Monthly Conus Cola Payout Amounts Per Index Point For A Specific Location By Rank And Number Of Years Of Service.