Starting in January 2020, most military retirees will see a 1.6 percent increase in their retirement pay, the Pentagon said in a press statement. Most survivors of military service members who have died on active duty, or inactive duty or participants in the Survivor Benefit Plan, will also see the 1.6 percent increase in their annuities.
Great news. Any little bit helps when you’re on a fixed income.
Survivors eligible for the Special Survivor Indemnity Allowance (SSIA) will also see their SSIA payments reflect the new 1.6 percentage increase. Starting in January, $323 will be the maximum amount of SSIA payale.
Story @ Pentagon announces 1.6% cost of living increase for retired vets
Great news. Any little bit helps when you’re on a fixed income.
Survivors eligible for the Special Survivor Indemnity Allowance (SSIA) will also see their SSIA payments reflect the new 1.6 percentage increase. Starting in January, $323 will be the maximum amount of SSIA payale.
Story @ Pentagon announces 1.6% cost of living increase for retired vets
