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COLA Watch

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June COLA Announced

The Consumer Price Index increased another 0.2 percent in June, rising to 234.702. It now stands 1.9 percent above the FY2014 COLA baseline of 230.327.

Information for the Consumer Price Index for the month of July is scheduled to be released on August 19.     


COLA chart 


COLAs and Military Retired Pay

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 versus Active Duty Pay Adjustments

Retired pay and active duty pay increases are different in most years because they are based on different compensation principles.