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- 5.9%Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Across the board, retired and disabled Veterans will be getting a 5.9% retired military pay raise. Not only is a pay raise coming for military retirees, but it’s also the biggest increase in pay since 1982. On average, annual COLA increases have been just 1.5% for the entirety of the last decade.mybaseguide.com/retired-military-pay-raise-2022Most military retirees will receive a 5.9 percent increase to their retired pay beginning with the pay they receive on January 1, 2022, which is the largest such increase since 1982.myarmybenefits.us.army.mil/News/Defense-Depart…Today, the Department of Defense announced annual cost of living adjustments that will benefit military retirees and survivors during calendar year 2022. Most military retirees will receive a 5.9 percent increase to their retired pay beginning with the pay they receive on January 1, 2022, which is the largest such increase since 1982.www.defense.gov/News/Releases/Release/Article/…
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