Will Next COLA Match 7.4% of 1982? CPI-W Index Up 8.6% in 12 Months
The 2022 COLA was 5.9%—the largest in 40 years. The CPI-W for February is up 8.5% in 12 months. Will the 2023 COLA go even higher?
The 2022 COLA was 5.9%—the largest in 40 years. The CPI-W for February is up 8.5% in 12 months. Will the 2023 COLA go even higher?
About two years ago, there were proposals to change the index for the I Fund of the TSP. Political controversy intervened. Here is what happened.
A bill to reform the Postal Service may pass in Congress despite past failures.
The Senate has confirmed two Members for the MSPB. This means the agency will be able to start issuing decisions on the huge backlog of cases.
TSP stock funds are down for the second month in a row as a result of inflation and the war in Ukraine. The results over the past 12-months are still favorable.
Ketanji Brown Jackson, a strong union advocate, has been nominated as a Supreme Court justice. Her nomination delights federal employee unions.
In determining Postal Service pay rates for its Field Pay Package, there are requirements of the Postal Act that must be met. An appeals court determined USPS did not meet these requirements.
TSP returns so far in 2022 have been negative. One fund is already down more than 13% YTD. How are investors reacting and what may lie ahead this year?
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.
Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?