2024 Cola Increase Estimated Amount. The new cola is 3.2%, the smallest increase in three years, and will. — starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907.
The 2024 cola was 3.2% and the 2025 cola is expected to. The cola will be applied to veterans’ benefits, retirement pay and.
