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Tracking the FY 2009 COLA
Old 07-30-2008, 12:46 PM   #1
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Location: South Texas~29N/98W Just West of Woman Hollering Creek
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Tracking the FY 2009 COLA

Part of an email that I received from MOAA. Hightest COLA in over 25 years?

The COLA, if it were calculated today, would be 5.7%.
The Bureau of Labor Statistics recently announced the monthly consumer price index (CPI) for June. Energy prices drove up June’s CPI 1.1% above May’s value. This puts cumulative inflation at 5.7% since the beginning of the fiscal year in October.
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