{"id":55971,"date":"2014-10-23T08:00:29","date_gmt":"2014-10-23T12:00:29","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=55971"},"modified":"2014-10-22T15:11:04","modified_gmt":"2014-10-22T19:11:04","slug":"cola-wars","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=55971","title":{"rendered":"COLA Wars"},"content":{"rendered":"

The Washington Post<\/a> reports that federal retirees will be getting a 1.7% cost of living allowance (COLA) on January 1st;<\/p>\n

According to the latest Office of Personnel Management data, as of last Oct. 1, there were just under 2 million federal retirees, about three-fourths of them drawing benefits from the Civil Service Retirement System and the rest having retired under the Federal Employees Retirement System.<\/p><\/blockquote>\n

Doesn’t sound like much, does it? Well, it really isn’t. Between $20 and $50 per month increase. But it’s still better than what the troops will be getting, according to the Army Times<\/a>;<\/p>\n

But the 1.7 percent COLA increase is still likely to be a bigger bump than active-duty troops will see in their paychecks on Jan. 1. The White House and Pentagon have pushed for a 1 percent raise for service members in 2015.<\/p>\n

Military leaders have argued that move will save $3.8 billion over five years, money that can be reinvested into readiness and modernization accounts already squeezed by budget constraints. House lawmakers have voiced opposition to the plan, but so far have not finalized any legislation that would provide for a bigger raise.<\/p><\/blockquote>\n

Isn’t it strange that the feds can squeeze out a COLA almost double for retirees than they can for the active duty troops, who, by the way are still fighting a war or two and saving Africa from their Ebola epidemic? And still they’re talking about cuts to the defense budget. I guess we know who is more valuable in the eyes of this administration. <\/p>\n

Thanks to Chief Tango for the links.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Washington Post reports that federal retirees will be getting a 1.7% cost of living allowance … COLA Wars<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":35682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-55971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-military-issues"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/55971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55971"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/55971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/media\/35682"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}