Posted on 12/04/2009 1:34:56 PM PST by Roklok
Well folks, I just checked my military retiree pay statement, and there will be no raise this coming year. This is the first time in 25 years that military retirees have received no increase in their retiree pay. Somehow I knew that this would happen with Obama in the white house.
Social Security recipients didn’t get a COLA either. It isn’t just about military pay.
we r all commies now—take like a good serf—lie down n rollover!
:)
Dick G
*****
Did Obama veto a bill with a raise in it? If not, I don’t see how he is responisble for an act delegated to Congress.
At least you got a check. I appreciate your service, but it must be nice to have a sure thing in the bag.
They said it was because the first time in however many years there was no inflation. Then I wish they would tell me why EVERYTHING costs more money?
A sure thing? There is nothing sure when it comes to the government.
On the contrary...it’s a sure thing...
“There ain’t no ticks like poly-ticks. Bloodsuckers all.”
-Davy Crockett (unsourced)
Ref
http://en.wikiquote.org/wiki/Davy_Crockett
**********
This annual adjustment is driven by the Cost of Living Index, defined by the Congress. I wouldn’t vote to elect BHO municipal dog catcher, but let us not over-reach.
Signed: Navy retiree.
I suspect that whatever items are used to calculate COLA’s have not gone up but whatever they are, they must not really be accurate as my expenses have gone up a lot.
That is coming...
Social Security received no COLA and apparently neither did the military retirees. I haven’t gotten a COLA from my private employer pension plan since I retired in 1997. There will be none in the future unless the corporation’s board of directors decides otherwise. I don’t expect them to do so during my lifetime.
My wife gets a monthly pension from a state teachers retirement plan. She has gotten a COLA every year since her retirement in 1997 until now. There will be none in 2010. The rest of the bad news about her pension is the the teacher’s retirement fund is underfunded drastically.
I too thank you for your service to our country, but I am afraid that you will have to take a number if you are expecting any sympathy from us.
Now I am angry as hell that congress got their annual raise as did their staffs I would assume. Some people are just more equal than others.
Military retirees earned the “sure thing” and much, much more.
Be glad that they didn’t cut it. There is some evidence of deflation out there, so we could easily have lost 1%.
In any case, enjoy it while it still comes...
“There is nothing sure when it comes to the government.” Taxes and more taxes. Then you die. As one writer
said “everything cost more” Well at least it’s not like carter’s presidency, pay raises were capped at 5% each year and inflation was more than 15% per year. That was the poorest 4 years in my 24 year career. I too want to thank all our veterans for their Service, and have a very Merry Christmas.
And a lot of working people are dealing with pay REDUCTIONS.
Life goes on.
My social security went down $50 per month.
Carter was my first term of Enlistment. If I remember correctly inflation was double digits and for two years we got no raise, then we got a raise and Carter and his ilk were bragging about how generous they were to us but they raised the taxes so much I actually had less in my paycheck than before the raise!
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