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12th October 2022, 02:53 PM
#1
Owner / Administrator
COLA announcement
Tomorrow the 13th of October, is the day the COLA announcement of how much of an increase those with VA ratings and Social Security are supposed to get.
Most likely Social Security will increase how much they deduct from our checks for part B.
Semper-Fi! Hawk
....USMC 71-73
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13th October 2022, 04:43 PM
#2
Owner / Administrator
Re: COLA announcement
2023 Rates are out and confirmed. This year's COLA increase amounts to 8.7%.
https://vadisabilitygroup.com/2023-va-disability-rates/
Semper-Fi! Hawk
....USMC 71-73
Life Member 3rd Mar Div Assoc.
Life Member DAV
Life Member M14BR Club (Current President)
Member M14 Battle Rifle Club Board of Directors
Aim small.....Miss small!
Creator of the SparrowHawkM14 "Original" M14 Dummy Kit.TM
Co-Creator of the "Original" M14 Forum
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13th October 2022, 08:31 PM
#3
Command Sgt Major
Re: COLA announcement
With gas and food prices through the roof, that extra $110.00 or so, will seem almost insignificant !
In January 2021, the food price index for all urban consumers was 270.938. As of this September, it was 313.142.
That is an increase of 42.204--or 15.57 percent.
In just the past year—from September 2021 to September 2022—food prices have increased 11.2 percent, according to BLS.
https://www.cnsnews.com/article/nati...56-under-biden
Last edited by VanHahner; 13th October 2022 at 08:51 PM.
U.S.M.C. Scout Sniper 67-68
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13th October 2022, 09:11 PM
#4
Owner / Administrator
Re: COLA announcement
It will be a tad over $300 a month for me. Not to mention whatever pittance Social Security gives us after raising part B like last time.
Semper-Fi! Hawk
....USMC 71-73
Life Member 3rd Mar Div Assoc.
Life Member DAV
Life Member M14BR Club (Current President)
Member M14 Battle Rifle Club Board of Directors
Aim small.....Miss small!
Creator of the SparrowHawkM14 "Original" M14 Dummy Kit.TM
Co-Creator of the "Original" M14 Forum
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14th October 2022, 05:05 PM
#5
Rifleman
Re: COLA announcement
A real government would adjust by the real cost of living, not the fakey doo hog wash bull shirt method currently employed that ensures that you go backwards monetarily relative to the real cost of living. The only possible outcome is not complimentary to the pension recipients.
Give a man a fish, and he will eat for a day. Give a man a fishing pole, and he will drink too much beer, get tangled in fish line, hook himself in the nose casting, fall overboard, and either drown, or, go home hungry and wet. Give a man a case of dynamite, and he will feed the whole town for a year!
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17th November 2022, 08:30 PM
#6
Re: COLA announcement
part B actually went down for 2023 to $164.90 from $170.10
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