ADJUSTMENTS IN RETIRED/RETAINER PAY, SURVIVOR
ANNUITIES AND PREMIUMS
The
following Cost-of-Living Adjustments (COLAs) are effective Dec. 1,
2009, based on the increase in the Consumer Price Index for Urban
Wage Earners and Clerical Workers
(CPI-W)
through September 2009. The term "retired pay" includes retainer
pay and the term "members" includes former
members.
COLAs for Retired
Pay
1.
The retired pay COLA for those who first
became a member of a Uniformed Service before Sept. 8, 1980, is
specified according to the effective date of their retirement, as
follows:
|
Retire Pay Based
on
Rates of Pay
Effective
Before January 1,
2009
January 1 - December,
2009
|
0.0
percent
0.0
percent
|
10 U.S.C.
Authority
1401a(b)(2)
1401a(c)&
1401a(f)
|
2.
The retired pay COLA for
those who first became a member of a Uniformed Service on or after
Sept. 8, 1980, is specified according to the effective date of
their retirement, as follows:
|
Retirement Effective:
Before Jan. 1, 2009
Jan.
1 - March 31, 2009 April 1 - June 30, 2009
July 1 -
Sept. 30, 2009
Oct. 1 -
Dec. 31, 2009
|
Percent Increase 0
.0 percent
0.0
percent
0.0
percent
0.0
percent
0.0
percent
|
10
U.S.C. Authority
1401a(b)(2)
1401a(d) & 1401a(f)
1401a(d)
& 1401a(f)
1401a(d)
& 1401a(f)
1401a(d)
& 1401a(f)
|
3.
The retired pay COLA for
those who first became a member of a Uniformed Service on or after
Aug. 1, 1986, and also elected to receive a career status bonus
under the provisions of section 345 of title 37 United States Code
is specified according to the date of their retirement, as
follows:
|
Retirement Effective
Before Jan. 1, 2008
Jan.
1 - March 31, 2008
April
1 - June 30, 2008
July 1 -
Sept. 30, 2008
Oct. 1 -
Dec. 31, 2008
|
Percent Increase
0.0
percent
0.0
percent
0.0
percent
0.0
percent
0.0
percent
|
10 U.S.C. Authority
1401 a(e)
1401
a(e) & 1401a(f)
1401
a(e) & 1401a(f)
1401
a(e) & 1401a(f)
1401
a(e) & 1401a(f)
|
COLAs for Survivor
Annuities
4. Retired Serviceman's Family Protection
Plan annuities payable on Dec. 1, 2008, under the provisions of
subchapter I of chapter 73, title 10, United States Code, to the
spouse or child of a member who died on or before March 20, 1974
will not be increased (
ref:
10 U.S.C. 1434 (e)).
5. Annuities under the Survivor Benefit Plan
(SBP) and Reserve Component Survivor Benefit Plan (RCSBP) under the
provisions of subchapter II of chapter 73, title 10, United States
Code; will not be increased. (ref: 10 U.S.C. 1451
(g)).
6. COLAs for supplemental annuities paid to
certain low income widows of members who were deceased before Nov.
1, 1953 will not be increased (ref: section 653 (c), Public Law
100-456).
7. Annuities for Certain Military Surviving
Spouses (ACMSS) payable monthly under the provisions of section
644, Public Law 105-85, Nov. 18, 1997, will not be increased and
thus will remain $229.89 effective December 1, 2008. (ref: P.L.
105-85, sec 644).
Increase in the SBP Low-Cost Premium
Threshold
8. Previous amounts with respect to which
the 2.5 percent factor of the SBP premium (cost) formula apply will
not be adjusted effective December 1,2009, sine there is no
increase in retired pay COLA this year (ref: 10 U.S.C.
1452(a)(4)(B)).
9. The amount with respect to which the 2.5
percent factor of the SBP premium (cost) is applied for
participation upon retirement will be increased 3.4 percent
effective
January 1,
2010
, from $701 to
$725 (premium for this coverage will be
$18.13 and the breakeven base amount will be
$1553.57).
