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Cost of Living Allowance (COLA) is an entitlement given to military servicemen and women United States military living in high-cost areas or stationed overseas. It is intended to compensate service members for the high cost of living at certain duty stations.
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An official at the Social Security Administration estimated in June that the 2023 COLA would likely be around 8%, Money added, while the Senior Citizens League’s latest COLA estimate is 8.6%.
An 8.7% increase in the 2023 COLA would translate into an average monthly increase of $144.10, CBS News reported. This would boost the typical benefit to $1,802 a month from $1,658 in 2022.
On July 13, 2023, The CW signed a deal with Raycom lasting until 2027 to broadcast 13 college football games and 37 basketball games each season. The rights to these games were previously held by Bally Sports. Raycom Sports would produce all games for the network.
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