Military Retirement Cola. Fowler about the flaws in the cola calculations of military retirement pay, and how inflation can cause instances of pay inversion. History is replete with attempts, some successful, to marginalize or even eliminate cola for military retirees.
Web how much you get depends on your income and assets tests, and whether you're single or in a couple. Web for 2023, retired military members will see a $87 increase for each $1,000 of military retirement pension they receive each month. Web 2023 annual military retirement pay increase.