Defense Department Announces Cost of Living Increase to Retired Pay

U.S. Department of Defense

Today, the Department of Defense announced annual cost of living adjustments that will benefit military retirees and survivors during calendar year 2019. Most military retirees will receive a 2.8 percent increase to their retired pay beginning with the pay they receive on Jan. 1, 2019. Likewise, survivors of members who died on active or inactive duty, or survivors of military retirees who participate in the Survivor Benefit Plan, will, in most cases, see a 2.8 percent increase to their annuities beginning in January.

Beginning in 2019, survivors who are eligible for the Special Survivor Indemnity Allowance (SSIA) will also receive an increase to their SSIA payments that reflects this 2.8 percent adjustment. The maximum amount of SSIA payable will be $318 beginning in January.

These cost of living adjustments are calculated based on the Consumer Price Index for Urban Wage Earners and Clerical Workers for the four quarters ending with the third calendar quarter of 2018 (July, August, and September 2018), and generally go into effect for all pay received beginning in January 2019.

Those military retirees who retired during calendar year 2018, and all military retirees who retired under the REDUX retirement system, receive a slightly different annual cost of living adjustment.  The complete list of updates to military retired and retainer pay, and survivor annuities, allowances and premiums can be found at https://militarypay.defense.gov/Pay/Retirement/Cola.aspx.

From Our Member Community

Scott's View Discounts & Benefits Scott's View: Happy Army Birthday and Flag Day – Announcing Lufthansa & United discounts on transatlantic flights As we noted in our joint press release announcing our new partnership with Lufthansa, this new VetRewards Exclusive gives you the very best Europe has to offer with an exclusive offer. Lufthansa is the largest airline in the world, in terms of revenue, and we are pleased to announce continued VetRewards offer growth in the travel industry, with more on the way!
Sgt. Frank Charrow Military & Veterans Life Cover Story: Sgt. Frank Charrow lost and found Editor’s Note: General Bell is the former Commanding General 220th Military Police Brigade (Army Reserve), USMA Graduate Class 1957, Graduate of Army and National War Colleges and is the author of more than 300 military, domestic and foreign publications.  He is also the most published free-lance writer in the 20th Century to the oldest military journal in the world still being published, the Austrian OeMZ. In this Cover Story, he gives a little-known historical perspective of D-Day, the Allied Forces attack on Normandy Beach nearly 75 years ago.

Join Our Community.
 

Yes, Get Me Started

Do you and your family vacation without travel insurance?

Sign up for VetRewards today and you’ll be eligible for TravelProtection™ at only $20 for a full year of coverage.

Get VetRewards

Did you know that your immediate family members are eligible for VetRewards Exclusive discounts?

With VetRewards, you can add family members to your primary plan at 50% OFF every year.

Get VetRewards