Monday, June 16, 2014

Federal retirees are currently due a January 2015 cost-of-living adjustment of about 1.35 percent


Title: Guess who's going up 1.35 percent?

2015 Retiree COLA Update
Article Snip: "...Each year when the retiree COLA exceeds the federal pay raise, many working stiffs figure they will retire at the end of the year to get the higher COLA. Doesn't work that way. The COLA is pro-rated (on a monthly basis) based on how long you've been retired. So you can't retire a month or two before the COLA kicks in and qualify for it. +..."
Reference: www.federalnewsradio.com

Wednesday, June 4, 2014

Best and worst states for military retirees

Title: 10 Best and Worst States for Military Retirees

Article Snip: "...when searching for the best place to retire from the Armed Forces, there are several economic, social, and health care factors for a veteran to take into account. WalletHub, a personal-finance network, this week released a survey ranking the states and the District of Columbia as places for military retirement..."
Reference: military-retirement.blogspot.com