Military retirees and disabled veterans will receive a 3.6% increase to their monthly paychecks for 2027, thanks to the annual cost-of-living adjustment, or COLA, tied to inflatio

Social Security beneficiaries, military retirees and people receiving veterans benefits will see a 3.6% cost-of-living adjustment, or COLA, in 2027.

If passed, a new bill might give combat-injured veterans more money every month, helping boost their financial security while also supporting their retirement.

From payment dates to math not matching to Medicare offsets, the 3.6% adjustment might work differently depending on which benefits you receive.

In most cases, retired veterans in the U.S. can claim both benefits. However, there are some details that are worth checking out.

According to VeteranLife, students using the Montgomery GI Bill Active Duty education benefit now receive up to $2,601 a month, an addition of $83. Also, full-time Survivors' and Dependents' Educational Assistance, or DEA, students now receive up to $1,621 a month, an increase of $47.