UIPL08-11a.pdf

ETA Advisory File Text

1 ADJUSTMENTS TO RETIRED RETAINER PAY SURVIVOR ANNUITIES AND PREMIUMS EFFECTIVE DECEMBER 1 2010 The following Cost-of-Living Adjustments COLAs are effective December 1 2010 based on the change in the Consumer Price Index for Urban Wage Earners and Clerical Workers CPI-W from the third quarter 2008 through the third quarter 2010. The term retired pay includes retainer pay and the term members includes former members. COLAs for Retired Pay 1. The retired pay COLA for those who first became a member of a Uniformed Service before September 8 1980 is specified according to the effective date of their retirement as follows Retirement Effective Percent Increase 10 U.S.C. Authority Before January 1 2010 0.0 percent 1401a b 2 January 1 December 31 2010 0.0 percent 1401a c 1401a f 2. The retired pay COLA for those who first became a member of a Uniformed Service on or after September 8 1980 is specified according to the effective date of their retirement as follows Retirement Effective Percent Increase 10 U.S.C. Authority Before January 1 2010 0.0 percent 1401a b 2 January 1 March 31 2010 0.0 percent 1401a d 1401a f April 1 June 30 2010 0.0 percent 1401a d 1401a f July 1 September 30 2010 0.0 percent 1401a d 1401a f October 1 December 31 2010 0.0 percent 1401a d 1401a f 3. The retired pay COLA for those who first became a member of a Uniformed Service on or after August 1 1986 and also elected to receive a career status bonus under the provisions of section 354 of title 37 United States Code is specified according to the date of their retirement as follows Retirement Effective Percent Increase 10 U.S.C. Authority Before January 1 2010 0.0 percent 1401a e January 1 March 31 2010 0.0 percent 1401a e 1401a f April 1 June 30 2010 0.0 percent 1401a e 1401a f July 1 September 30 2010 0.0 percent 1401a e 1401a f October 1 December 31 2010 0.0 percent 1401a e 1401a f 2 ADJUSTMENTS TO RETIRED RETAINER PAY SURVIVOR ANNUNITIES AND PREMIUMS EFFECTIVE DECEMBER 1 2010 COLAs for Survivor Annuities 4. Retired Serviceman s Family Protection Plan annuities under the provisions of subchapter 1 of chapter 73 title 10 United States Code to the spouse or child of a member who died on or before March 20 1974 will NOT be increased. authority 10 U.S.C. 1434 e . 5. Annuities under the Survivor Benefit Plan SBP and Reserve Component Survivor Benefit Plan RCSBP under the provisions of subchapter 11 of chapter 73 title 10 United States Code will NOT be increased. authority 10 U.S.C. 1451 g . 6. COLAs for supplemental annuities paid to certain low income widows of members who were deceased before November 1 1953 will NOT be increased. authority section 653 c . Public Law 100-456 . 7. Annuities for Certain Military Surviving Spouses ACMSS payable monthly under the provisions of section 644 Public Law 105-85 November 18 1997 will NOT be increased and thus will remain 229.89. authority Public Law 105-85 sec 644 . Increase in the SBP Low-Cost Premium Threshold 8. Amounts with respect to which the 2.5 percent factor of SBP premium cost formula apply for members who initially participated in the plan on or before December 1 2010 will NOT be adjusted. authority 10 U.S.C. 1452 a 4 B . 9. The amount with respect to which the 2.5 percent factor of the SBP premium cost formula applies for members who initially participate in the plan on or after January 1 2011 will be issued upon enactment of legislation establishing the 2011 military pay raise. authority 10 U.S.C. 1452 a 4 A .