Big news for veterans and retirees! The 2025 Cost of Living Adjustment (COLA) is here, providing a 2.5% increase to monthly benefits. While it might seem modest compared to previous years (8.7% in 2023, 3.2% in 2024), this increase ensures financial support for veterans and retirees as inflation continues to impact the cost of living. 🎖️
💸 What does this mean?
Retired military members will see a $25 increase per $1,000 of pension.
Veterans receiving VA disability payments will also see increases, from $4.28 per month for those with a 10% disability rating to $93.45 for those with a 100% rating.
This COLA increase also extends to Social Security recipients, Civil Service retirees, and Survivor Benefit Plan beneficiaries. 💼
👉 Find out exactly how much you'll get and what this means for your family’s future. Stay informed and prepared!
🔑 Key Highlights:
VA Disability Pay Increases 📈
Survivor Benefits 💔
Social Security COLA Adjustments 📊
📅 Benefits will take effect January 2025, with payments reflecting the increase starting then.
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