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COLA..we could find out tommorrow (Oct. 13, 2020)
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broncovet
For those interested in (maybe) a compensation increase, we could find out as soon as tommorrow, at 8:30 AM, when the Department of Labor releases the September numbers.
Right now we are looking at an increase of 1.4%, but that could increase, decrease, or stay the same, depending upon the numbers (CPI-W) tommorrow.
I will try to stay on top of it and post the numbers when I get them. It may be helpful for some, to know if/how much of a Cola we can expect for year 2021, which begins Dec. 1, 2020. (Social Security and Veterans benefits are paid "in arrears", which means that a pay raise effective Dec. 1, 2020 wont be reflected in our check until Jan.1, 2021.
Source:
https://www.moaa.org/content/take-action/cola-watch/
And:
https://www.bls.gov/schedule/news_release/cpi.htm
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GBArmy
Ms Tbird I believe that source is talking about the increase that we had coming for 2020, this year that is.
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