It’s Your Money > Social Security and Pensions

2021 COLA

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bigrod:
The COLA for the coming year will be 1.3%!

https://www.military.com/benefits/military-pay/allowances/cola-for-retired-pay.html?ESRC=navy_201013.nl&fbclid=IwAR3LwID7cxbkkzF5nqglY260lQwKuR_8Qq26iiKJONEeFl_SaKYw8m592i4

Chuck

MotorSarge:
That means rent, rice & gas goes up 1.5%!

Hestecrefter:

--- Quote from: MotorSarge on October 14, 2020, 10:18:44 PM ---That means rent, rice & gas goes up 1.5%!

--- End quote ---

That would be nice.  I would think 5-10% more likely.

MotorSarge:

--- Quote from: Hestecrefter on October 15, 2020, 02:51:14 AM ---That would be nice.  I would think 5-10% more likely.

--- End quote ---


You had to ruin it.........I was just trying to be positive for once :D

Hestecrefter:

--- Quote from: MotorSarge on October 15, 2020, 09:48:13 PM ---
You had to ruin it.........I was just trying to be positive for once :D

--- End quote ---

Sorry Sarge.  Perhaps I was mistaken.  That would not be a first.  Upon more mature reflection, I am now of the view that overall prices will drop next year and that 1.5% increase will provide enhanced purchasing power.  Does that help?😊 :)

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