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The Newsletter for Navy Retirees

The Newsletter for Navy Retirees 2025

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The document is the April - June 2002 issue of 'Shift Colors,' a newsletter for Navy retirees. It features Gerald McRaney as the chairperson for the 2002 National Salute to Hospitalized Veterans campaign, promoting volunteerism and recognition for veterans. The newsletter includes updates on military benefits, upcoming retiree seminars, reunion notices for various Navy ships, and important information regarding veteran services and health care programs. It emphasizes the importance of supporting hospitalized veterans and encourages community involvement.

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How much is the military retiree pay raise for 2025?

2025 COLA: 2.5% This means the average CPI-W for the last three months of the fiscal year (July, August, and September 2024) is 308.729. For more, see How Your COLA Is Calculated below. The average of the last three months of the fiscal year (308.729) will be used as the baseline to determine the 2026 COLA.

What do you call a retired navy person?

Note that the COLA for retired pay is calculated differently than the increase to active duty pay. Thus, retirement pay COLAs and annual active duty pay raises will differ as active duty pay raises will differ.

Will military retirees get a raise in 2025?

All retired service members from the Army, Navy, Air Force, Marine Corps, and Coast Guard may be referred to as veterans. As we already went over. Veteran is broad and encompasses anyone who has served in the military, including those who may not have retired but completed their terms of service.

Do military retirees get the same pay raise as active duty?

Retiring reservists with an accumulation of 20 or more years of service typically begin receiving their retirement benefits at age 60. But you may still qualify if you are under 60 based on the time you spent in active duty. Payments will not begin automatically.

Will veterans get a raise in 2025?

The Consumer Price Index (CPI) set a 2.5 percent cost-of-living adjustment for military retirees in 2025. Its slightly less than the 3.2 percent increase in 2024 and notably less than 2023s 8.7 percent adjustment, which was the third highest in the past 50 years.