Palm Springs Chapter MOAA Latest News
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Learn how to prepare for a military sponsor's death and what to do when it happens. This PDF is a free resource so click on the image above to access it.
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Master Chief Petty Officer of the Navy James Honea, center, testifies alongside other top enlisted leaders during a House Armed Services Committee Quality of Life Panel hearing Jan. 31 in the Rayburn Building on Capitol Hill in Washington, D.C. (Photo by Mike Morones/MOAA)
Members of the House Armed Services Committee’s special panel on quality of life heard about moldy barracks, substandard housing, child care and health care delays, food insecurity, and high spouse unemployment from DoD’s top enlisted leaders during a Jan. 31 hearing – testimony that, at times, sounded like a broken record.
[TAKE ACTION: Urge Your Legislators to Improve the Quality of Life of Our Servicemembers]
So, what’s different this year?
Read more: Senior Enlisted Leaders Sound Alarms at House Quality of Life Hearing
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After three years of above-average increases in military retirement pay and Social Security benefits, falling inflation figures point to a 2025 cost-of-living adjustment (COLA) far below what recipients may have come to expect.
This year’s 3.2% COLA hike was well below the last two annual increases of 8.7% and 5.9%, respectively. But aside from those years, it still ranks as the highest in more than a decade, and well above a 20-year average that sits slightly north of 2.6%.
But early projections put the 2025 COLA well short of this year’s adjustment – a 1.4% estimate would be the lowest since the 1.3% increase from 2021.
[UPDATED MONTHLY: MOAA’s COLA Watch]
Read more: COLA News: Be Ready for an Even Smaller Boost in 2025