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  • C. Jenkins

Military Retirees and Disabled Vets to Get Record Pay Raise in 2022

Beginning in 2022, military retirees and disabled vets are due to get the largest increase in their monthly checks since 1983.


Many will see their monthly checks jump by hundreds of dollars.


The COLA (Cost of Living Adjustment) will soon be determined by the government, and all the data is pointing to an increase of at least 6% compared to 2021.


What does that mean for you?


If you’re a retiree, on average you can expect to see your monthly retirement check increase by around $160. For veterans getting disability compensation from the VA, your monthly check will go up by nearly $100 per month.


Here’s more from Military.com:

According to the Defense Department, there are around 1.87 million military retirees, with an annual average retirement payment of $30,265. The VA says nearly 5.1 million veterans receive disability compensation, with an annual benefit of $18,549.
The annual COLA increase is based on the Consumer Price Index (CPI), which is measured by the Department of Labor. That agency measures the costs of a select group of goods and services and compares those costs to the previous year. If there is an increase, retirees and many others receiving government benefits see an increase in their monthly payments for the upcoming year. If those costs go down, the government payments will remain the same in the upcoming year.

The reason next year’s checks are slated to go up so much is because throughout 2021 the cost for most goods and services has rapidly increased.


In 2021 military retirees and disabled vets saw an increase of only 1.3% in their monthly checks. So this coming year’s increase will be quite hefty in comparison.


The official COLA for next year will be announced in October by the government.


6 comentários


stevenhibbs22
19 de ago. de 2021

I can’t for 22&24 To get here. Then maybe we can flush the deep state rats out. It would make my day, and I will jump f joy. Steven Hibbs

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stevenhibbs22
19 de ago. de 2021

I’m really excited about this. Thank you Steven Hibbs


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Dave Chambers
Dave Chambers
19 de ago. de 2021

The best pay raise the military ever got was under President Reagan of 11.3%. He fixed the military after Vietnam and the Navy went from Rickover’s Navy when beards were grown, Sailors were fat, needed haircuts, and uniforms looked like crap and as of though ppl slept in them. We moved toward a 600 ship Navy, grooming standards went up, and Sailors had to meet weight standards. That’s the Navy I love. After that, pay raises sometimes never happened and never over 2-3% and we deployed a lot more until I retired. These 2-3% pay raises don’t keep up with cost of living rates, and now especially with biden’s inflation rates.

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John Cohn
John Cohn
19 de ago. de 2021
Respondendo a

You might check the 14.2% in 1982. Between 1940 and 1951 there were 4 raises over 22%. Ever is a long time. The worst were under Obama at 1%. Everything we get from Biden will be less than inflation so we will lose.

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John Cohn
John Cohn
18 de ago. de 2021

Does anyone believe that Biden will not manipulate the rate of inflation to keep from giving us the big raise. In 2019 it was 2.8 to 3.1%. That was the highest since 2009 before Obama screwed it up. Must give credit where it is due. And as a rule, when the rate of inflation is as high as it is now, that is NOT a good thing.

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floydrandy25
18 de ago. de 2021

If the democrats had not caused everything to go up with their stupid ignorant policy's and allowing illegal immigrants to flood the country and trying to scam the voting laws where they could vote we wouldn't have to worry about a big raise and they need to stop trying to brainwash everyone!!!!

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