From Chuck Weber, your Veteran Service Officer...
2015 Cola for Military Retirees, Social Security and VA Benefits
Federal retirees will know their 2015 cost-of-living adjustment soon, and it’s expected to be somewhere between 1.6 percent and 1.8 percent. 

The Bureau of Labor Statistics announced that it will publish September’s Consumer Price Index figure on Oct. 22. That number is the final data point needed to calculate the 2015 COLA for federal and military retirees, as well as Social Security beneficiaries and those receiving veterans’ benefits.

Plugging the latest available data into the COLA formula results in a 1.6 percent increase, down from the 1.8 percent August estimate, based on July statistics. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) fell 0.2 percent in August, according to statistics the BLS released recently. The CPI-W, which the annual COLA for retirees is based on, dropped 0.1 percent in July, after increasing in May and June.

[Source:  Kellie Lunney, Defense One, Sept.23, 2014]

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