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To: robowombat
I haven't received a pay raise in a few years.

Why should any government retiree expect to receive any sort of raise, ever?
Have they done something to deserve a raise?

Can I get a COLA deduction on my annual income taxes?
Why no sarasmom, you cant!
The feds need me and others to pay ever higher amounts for COLAs for retired people, politicians, and everyone else who lives off government contributions.
Citizen or illegal alien.
In the CONUS or in foreign nations.

Doesn't matter if our earned incomes go down annually, and we have an ever increasing household budget deficit, due to the COLAs of others, and the squandering of tax dollars. Cry me a river!

20 posted on 12/11/2013 7:18:31 PM PST by sarasmom (Extortion 17. A large number of Navy SEALs died on that mission. Ask why.)
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To: sarasmom
If you had bothered to read with care what I posted you would have seen it said two things. Federal pension COLA calculations have already been using the minus1% deflator for about twenty years. Previously military pensions were fully indexed now after this law goes into effect in ‘16 they will be calculated the same way. The second thing was that the deflator effect will have a greater impact for military pensions as most start at a lower plateau than federal pensions. The deflator will be applies to COLA calculations of all military retirees who are over 62 so it will be a rude shock to those who have been getting fully indexed COLAs from date of retirement (in their 50’s for many service personnel).

What is a COLA deduction?

Ranting such as you do does no good. This particular element in a bad budget bill really stinks. However, incoherent ranting such as you engage in is both useless and pretty stupid.

22 posted on 12/11/2013 9:19:02 PM PST by robowombat
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