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COLA Announced

Online Exclusive posted Thursday, October 18, 2018 - 10:42am

Veterans benefits and social security COLA announced

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The Social Security Administration (SSA) announced on October 11th that Social Security benefits will receive a 2.8 percent cost-of-living adjustment (COLA) increase starting in 2019.  This is the biggest increase in benefits since 2012. SSA's COLA serves as a baseline for other federal benefit increases that must be authorized annually. Specifically, Congress passed legislation in September authorizing a parallel increase in veterans' disability compensation and military retirement benefits that was signed into law by the President on October 9th.

 

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COLA Announced

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