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Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...
The pay raise comes along with the Pentagon's higher tax-free housing allowance. Basic Allowance for Housing rates will increase an average of 5.4% when the new rates take effect on Jan. 1, 2025.
Hourly minimum wages increased in 21 states in 2025, mostly due to ongoing efforts to have pay keep up with the rising cost of living. (Igor Golovniov/SOPA Images/LightRocket/Getty Images)
Data source: Social Security Administration. Based on the CPI-W numbers from July and August, next year's COLA would be 2.6%, and the final figure is likely to fall closer to that number than last ...
Image source: Getty Images. 1. Recipients will get a raise. Every year, Social Security adjusts retirement benefits for inflation by instituting a cost-of-living adjustment, or COLA.The 2025 ...
Image source: Getty Images. How much more money will retirees get next year? The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year.
Members of Congress may be getting an up to $6,600 raise this year. That's due to a provision in a must-pass funding bill that's set to get a vote this week. Rank-and-file lawmakers have been ...
Rogers, however, said the nearly 20 percent pay raise for junior troops was included in the 2025 National Defense Authorization Act (NDAA) because many service members “are relying on food banks ...