Cost of Living Adjustment to Raise Military Pensions, Disability Benefits
The Social Security Administration (SSA) recently announced a 2.8% increase in benefit payments for 2019. A detailed story on the increase—the largest adjustment since 2012—is available here. The cost of living adjustment (COLA) will benefit both military retirees and veterans receiving disability benefits through the Department of Veterans Affairs (VA). Last year’s increase was 2%,…