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- Military retirees should receive the full COLA increase if they retired under the military’s Final Pay or High-3 retirement plans and have been retired for longer than one year1. However, if they retire in the same year that the COLA is applied, they may not receive a full COLA increase1. COLA adjustments for military retirees do not happen automatically by law, but it has always been increased by the same amount2. The COLA for military retirees is equal to the Consumer Price Index for Clerical Workers3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.If you retired under the military’s Final Pay or High-3 retirement plans, you should receive the full COLA increase, as long as you have been retired for longer than one year. If you retire in 2023, you may not receive a full COLA increase, because DFAS applies COLA on a sliding scale for service members who retire during the calendar year.themilitarywallet.com/military-retirement-pay-cola-i…For military, retired COLA adjustments don’t happen automatically by law, but it has always been increased by the same amount.www.katehorrell.com/retired-cola/For military retirees and veterans, and those collecting Social Security and annuities under the CSRS, the COLA is equal to the Consumer Price Index for Clerical Workers — the average change in prices of consumer goods over time.www.militarytimes.com/pay-benefits/military-retire…
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