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Old 09-18-2011, 08:02 PM   #1
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Military Retiree Pay Date Chages

Pay Date Changes

Means you make more money in 2011 for the IRS.
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Old 09-19-2011, 12:36 PM   #2
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Thanks for the pay info and advise. I'll check "contributions" to make sure I'm not behind the power curve.
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Old 09-23-2011, 09:58 AM   #3
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Quote:
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Pay Date Changes

Means you make more money in 2011 for the IRS.
You got it their damn sure not going to do us any favors..
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Old 09-23-2011, 10:20 AM   #4
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So if we get 13 paydays this year, do we get 11 next year or 12. Anyone heard anything about a raise??
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Old 09-26-2011, 09:47 PM   #5
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12 Pays Next year

There will be 13 pays this year & 12 pays next year.... here's DFAS' information Pay Schedule

According to MOAA, end of August's COLA stands at 3.6% increase. It all hangs on September's figures....we'll see
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Old 09-26-2011, 10:44 PM   #6
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There will be 13 pays this year & 12 pays next year.... here's DFAS' information Pay Schedule

According to MOAA, end of August's COLA stands at 3.6% increase. It all hangs on September's figures....we'll see
Do you actually think we could get a COLA??
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Old 09-26-2011, 11:23 PM   #7
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It would be nice, but I'm betting even after two years we won't get it. They will freeze the COLA for two more years due to the debt. Would love to be wrong on this.
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Old 09-27-2011, 01:08 PM   #8
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I did a little research on the subject of Washington blocking our COLA raise. Bottom-line, this is what I've discovered:

Without rewriting the law, the President/Senate/Congresss cannot change the COLA amount, or cancelling it. However, I didn't find anything about postponing it. Anyway, to change the amount or cancel it, would be a blatant violation of law, technically an impeachable offense. I just donít see this happening, especially with the upcoming elctions. [I'm NOT an attorney, I'm just restating what I've read]

I hope this reassures those who are afraid that somehow the COLA we have been predicting for months would be taken away or somehow evaporate.
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Old 09-27-2011, 03:53 PM   #9
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I don't remember if we got a COLA last year or not. If we didn't, would that mean we get last year and this year COLA added together?

Bet not.
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Old 09-27-2011, 04:47 PM   #10
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I believe we have not received one in two years. The formula triggering the increase was not exceeded. Same for SS, I believe.
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Old 09-27-2011, 05:32 PM   #11
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We have not recieved a COLA in two years. Our retirement and SS are tied together. From what I've been reading, COLA this year could range between 2.5 and 3.5 percent.

But figure this one out. For those drawing SS, there has been no raise in two years, but Medicare costs have gone up. They can't deduct the difference if they don't raise the pay. COLA is not retroactive, but the Medicare increase is, and is cummulative. From what I've read, the increase in Medicare will be more than the COLA, so in effect, they will loose a few dollars.

I'm lucky, I draw both. Should mean that whatever increase I get from the Army should offset what I loose from SS.
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