Tag Archives: COLA

Military Retirees and Social Security Recipients Receive 2020 Pay Increase


In 2020 military retirees currently receiving benefits from the Department of Veterans Affairs, federal retirees, and social security recipients will see a 1.6% increase in their monthly payments. According to an article published by Military.com, “The annual Cost Of Living Allowance (COLA) is smaller than the 2.8% increase from last year but in line with the historical increases…