2021 Cost of Living Adjustment and Pay Schedule
Based on the increase in the Consumer Price Index, there will be a 1.3 percent Cost of Living Adjustment (COLA) for most retired pay and Survivor Benefit Plan annuities, and the Special Survivor Indemnity Allowance (SSIA), effective December 1, 2020.
With the COLA applied, the maximum amount of SSIA payable is $327.
Retirees will see the change in their December 31, 2020 payment and annuitants in their January 4, 2021 payment.
The 2021 pay schedule is online here
Page updated Dec 16, 2020