mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I received this COLA message in an email form MOAA. If you have a COLA pension, heads up.
The Bureau of Labor Statistics announced this week that the consumer price index (CPI) rose 0.2% in March.
The CPI is the measure used to make annual cost-of-living adjustments to military retired pay, survivor benefits, Social Security and other federal pensions. The CPI rose 0.2% March.
Even with that small gain, the CPI is still down 3.8% so far for this fiscal year. Unless the CPI gains about 4% or more over the next six months, there won't be any retired pay COLA for 2010.