Tag: COLA

Annual Pay Raise vs. COLA: How Are They Different?

By on July 28, 2020 in Pay & Benefits, Retirement with 0 Comments
Annual Pay Raise vs. COLA: How Are They Different?

There is a lot of confusion about the difference between a COLA for federal retirees and a pay raise for federal employees. Here is a summary of the differences.

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What June CPI Data Say About the 2021 COLA

By on July 27, 2020 in Retirement with 0 Comments
What June CPI Data Say About the 2021 COLA

The latest CPI-W figures suggest a small COLA for federal retirees in 2021, but the author points out that it may be the start of a more positive trend.

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GAO Weighs in on Annual COLA Calculations

By on June 19, 2020 in Retirement with 0 Comments
GAO Weighs in on Annual COLA Calculations

GAO recommends the BLS evaluate the data sources used to calculate the annual COLA as they may not be accurate.

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No COLA in 2021?

By on May 18, 2020 in Pay & Benefits, Retirement with 0 Comments
No COLA in 2021?

Is there a possibility or probability of no cost of living adjustment (COLA) in 2021 for Social Security recipients and federal retirees?

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Rewarding High Performers and Chopping Benefits

By on February 20, 2020 in Human Resources, Pay & Benefits with 0 Comments
Rewarding High Performers and Chopping Benefits

OPM has released its proposed legislative changes impacting pay and benefits for the federal workforce. Here is a summary.

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New TSP Annuity COLA Computation Rate Coming in March

By on February 14, 2020 in Retirement with 0 Comments
New TSP Annuity COLA Computation Rate Coming in March

TSP annuities will have a new formula used to calculate their cost of living adjustments starting this spring.

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2021 Budget Proposal Would Eliminate FERS COLA, SRS

By on February 10, 2020 in Retirement with 0 Comments
2021 Budget Proposal Would Eliminate FERS COLA, SRS

A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.

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2020 Pay Raise Unfair to Retirees?

By on December 23, 2019 in Pay & Benefits with 0 Comments
2020 Pay Raise Unfair to Retirees?

Which group comes out ahead in determining a COLA or the annual federal pay raise?

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Proposal Would Change Calculation Rate of the TSP Annuity COLA

By on December 17, 2019 in Retirement with 0 Comments
Proposal Would Change Calculation Rate of the TSP Annuity COLA

The FRTIB has proposed a change to the rate used to calculate annual increases for TSP annuities.

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Inflation and its Impact on your Federal Retirement

By on November 13, 2019 in Retirement with 0 Comments
Inflation and its Impact on your Federal Retirement

Federal retirees receive COLAs on their annuities to help offset inflation, but are there any similar options with your TSP account?

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