Our Cola This Year

[Philip Rogers]

Wasn't our COLA 3.2% this year? If so, why did mine, a single vet with no dependents or SMC, go from $2299, last year, to $2471, this year??? $2299 + 3.2 % should be $2372, not $2471. Could the VA or treasury be overpaying us $99 a month? Maybe I better start putting it aside for when they come looking for repayment. Just curious. Someone please explain?

pr

[Pete53]

That would be a 7.58% Increase. I have no explanation.

[Guest allan]

Compensation Rate Table

Basic Rates - 10%-100% Combined Degree Only

Effective 12/1/06

Source: http://www.vba.va.gov/bln/21/Rates/comp01.htm

[Philip Rogers]

Compensation Rate Table

Basic Rates - 10%-100% Combined Degree Only

Effective 12/1/06

Source: http://www.vba.va.gov/bln/21/Rates/comp01.htm

Thanks, Allan, I know what the chart says but I'm thinking someone made a huge mistake or my math skills are failing, badly. Bet they come after it, eventually.

pr

[sbrewer]

Maybe I looked at it wrong, but it looks like you should have been getting $2393 last yr.

http://www.vba.va.gov/bln/21/Rates/comp0105.htm

sbrewer

[jessejames]

Do you have any Life Insurance premiums deducted from your check? Just a thought...I have the 1 free 10K policy and the 2 10K policies which i pay for deducted from my check.

[Guest phubai70]

Phil - 2299 was in 2005, in 2006 it was 2393 and in 2007 it is 2471

chuck