January COLA Released
The Consumer Price Index jumped up in January to 230.040. It now stands only 0.1 percent below the FY2014 COLA baseline of 230.327.
Government retired pay promises must be kept, including annual cost-of-living adjustments (COLA) to prevent erosion of retirees' purchasing power by inflation.
Retired pay and active duty pay increases are different in most years because they are based on different compensation principles.