Our friends at the Military Officers Association of America maintain a constant watch on the factors that determine the cost of living adjustment for military retirement pay, VA compensation and pension, and social security benefits.
According to MOAA, the inflation rate rose 0.5% for the second month in a row and the the annual rate stands at .94%. This will likely mean that 2012 will bring the first COLA increase in two years.
Keep tabs on month-to-month inflation trends on MOAA's COLA Watch webpage.
