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<blockquote data-quote="texan" data-source="post: 1040468" data-attributes="member: 38206"><p><strong>The Congressional Budget Office is sticking with its projection of a 1.3 percent cost-of-living adjustment on </strong></p><p><strong>Dec. 1 in military and civilian retired pay and Social Security.</strong></p><p><strong></strong></p><p><strong>There had been discussion earlier this year that the annual COLA could be as high as 1.9 percent. </strong></p><p><strong>However, a Sept. 12 statement from the nonpartisan budget office “assumes that the COLA </strong></p><p><strong>effective on Dec., 1, 2012 would be 1.3 percent.”</strong></p><p><strong></strong></p><p><strong><a href="http://www.armytimes.com/news/2012/05/military-2013-cost-of-living-adjustment-predicted-051012w/" target="_blank">Amount of retirement COLA predicted for 2013 - Army News | News from Afghanistan & Iraq - Army Times</a></strong></p></blockquote><p></p>
[QUOTE="texan, post: 1040468, member: 38206"] [B]The Congressional Budget Office is sticking with its projection of a 1.3 percent cost-of-living adjustment on Dec. 1 in military and civilian retired pay and Social Security. [/B] [B]There had been discussion earlier this year that the annual COLA could be as high as 1.9 percent. However, a Sept. 12 statement from the nonpartisan budget office “assumes that the COLA effective on Dec., 1, 2012 would be 1.3 percent.” [url=http://www.armytimes.com/news/2012/05/military-2013-cost-of-living-adjustment-predicted-051012w/]Amount of retirement COLA predicted for 2013 - Army News | News from Afghanistan & Iraq - Army Times[/url][/B] [/QUOTE]
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