***************FOR ALL MILITARY...............FIRST OF ALL, WHAT DID ALL OF YO THINK OF THE RAISE WE GOT THIS YEAR??? THAT SHOULD PUT US IN A REALLY GOOD PLACE................. N O T.. MY HUSBAND RETIREMENT CHECK WENT UP A WHOLE $1.40..................... W O W !!!!!!!!!!!!!!!!!!! THT WOULDNT EVEN BUY A CANDY BAR................REALLY?!?!?!?!?!?!?!?!?! SO I AM GOINGTO SHARE THIS WITH ALL OF YOU. Why Worry About the COLA Cuts? Week of January 27, 2014 The last minute 2014 budget deal (the so-called Ryan-Murray Budget) calls for cutting the annual retirement cost of living adjustment for working age retirees (under age 62) by one full percentage point -- setting the rate at one percent below the actual rate of inflation. Congress passed a law reinstating full COLA for a select group of Chapter 61 retirees, but this still leaves many retirees without a full annual COLA. The Military Officers Association of America is one of the more powerful groups to step into the fray over the one percent cut in military retiree COLA. In an effort to help servicemembers and retirees understand the full impact, MOAA has put together the 5 top reasons to be concerned about COLA reductions. militaryadvantage.military/2013/12/ryan-murray-budget-deal-could-hurt-retirees/
Posted on: Sat, 01 Feb 2014 19:59:18 +0000
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