Military retirees to receive 3.6% COLA increase in 2027
The 2027 cost-of-living adjustment raises military retirement pay by 3.6%, reflecting higher prices for goods and services.
With the cost-of-living adjustment, or COLA, for 2027 coming in at 3.6%, many military retirees will see that level of increase in their pension. That is an improvement over the 2.8% raise for this year.