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Posts Tagged ‘cost of living adjustment’

CBO Projects No Cost-of-Living Raise for Next Three Years

In his blog today, Douglas W. Elmendorf, the director of the Congressional Budget Office, announced that he does not anticipate that retirees, specifically those receiving Social Security benefits, will receive a cost-of-living adjustment (COLA) in January. Since by law, military retirees receive the same COLAs as Social Security beneficiaries, their won’t be any COLA [...]