Military retirees and disabled veterans to receive 2.5% monthly pay increase

| October 11, 2024 | 6 Comments

The 2025 pay increase has been announced. Military retirees, disabled veterans, civil service retirees, and Social Security recipients will receive a 2.5% increase on their monthly pay for 2025. Military retirees who joined the military before August 1, 1986, and those who joined after but did not opt for Redux, would see a $25 increase per $1,000 of pay. Military retirees who opted for Redux will receive $15 per $1,000 of pay.

From Military.com:

Military Retirees

For 2025, retired military members will receive a $25 increase for each $1,000 of military retirement pension they receive each month.

Retirees who entered military service on or after Aug. 1, 1986, and opted for the Career Status Bonus (CSB/Redux retirement plan) will have any COLA increases reduced by a percentage point, so they will receive a smaller increase of $15 per $1,000 in 2025.

Survivors receiving Survivor Benefit Plan payments will receive increases to their payments by the same amount as retirees.

Service members who retired in 2024 will receive a slightly reduced COLA in 2025. Their COLA is prorated based on which quarter they retired in (January-March, April-June, etc.). The prorated amount may also be adjusted based on when a member entered the service and which retirement plan they elected.

Disabled Veterans and Survivors

Disabled veterans will also receive increases to their benefit payments in the upcoming year. VA disability checks will go up about $4.28 per month for those with a 10% rating and $93.45 for those rated at 100% who don’t have dependents.

Dependency and Indemnity Compensation, or DIC, benefits for surviving spouses of disabled veterans also increase in 2025. Here are the VA Dependency and Indemnity Compensation Rates for 2025.

Additional Reading:

Miller, A. (2024, October 10). Here is the 2025 pay raise for disabled veterans and military retirees. Military.com. Link.

Category: Military issues, Retired Issues, Veterans Issues

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Blaster

I’ll take it, but it could have been more if we weren’t funding the war in Ukraine so that our politicians could launder our tax money into their accounts

5JC

The extra $140 a month won’t cover my car and home insurance premium increases over the last year, which were $70 for home and $80 for autos per month. Motorcycle and boat insurance went down about $50 a year each.

I’ve never had a home claim before, last auto claim was three years ago when a lady with no insurance or driver’s license crashed into my truck while running about 40 through the hospital parking lot.

USMC Steve

And anyone on social security will also receive a 2.5 percent increase on their medicare.

5JC

That and of course the graduated income tax tables slide over to the right as well. But by 5.4%, which is likely the real inflation rate.

https://cardata.co/blog/new-tax-brackets-2024-irs/

26Limabeans

So that proves it….inflation is only 2.5%.
Damn price gouging is real.

JustALurkinAround

Sweet! I’m going to place all of it on red and let it ride!!!!

Last edited 1 minute ago by JustALurkinAround