Cost of Living Increase for Military Retirees Announced
If you retired before 2011, you can expect a 3.6 percent Cost of Living Adjustment (COLA) in 2012, unless you received a Career Status Bonus (CSB). The adjustment for CSB recipients is 2.6 percent.
Look for the increase in your Dec. 30 payment.
Those who retired from the military in 2011 might receive a partial COLA. We'll post an update here when we know more.