2024 Federal Pay Raise: How About 8.7%?
Legislation has been introduced to set the 2024 federal pay raise for federal employees at 8.7%.
COLA
2024 COLA? 2022 Inflation 6.5%, COLA 8.7%, Average Raise 4.6%
The 2022 inflation rate was 6.5% at the end of the year. The COLA for 2023 was 8.7%. What is likely to happen with the 2024 COLA?
When Will Federal Retirees See the 2023 COLA in Their Annuity Payments?
The 2023 COLA is the largest in over 40 years. When will federal retirees get the increased payments?
2022 in Review: 2023 Federal Pay Raise, Federal Employee Vaccine Mandate and More
Historic inflation, COLA, pay raise and problems related to the TSP website: a recap of 2022 for federal employees.
Inflation, 2023 Federal Pay Raise, and Declining Wealth As 2022 Winds Down
While the anticipated 2023 federal pay raise is 4.6%, on average, inflation has slowed to an annual increase of 7.1%.
How is the Annual Federal Employee Pay Raise Determined? What You Need to Know
How is the annual federal employee pay raise determined for the upcoming year?
2022 Inflation Continues Going Up; FERS Retirees Still Get 1% Less Than CSRS on 2023 COLA
Inflation is still with us in 2022. The latest inflation figures are no longer at a 40-year high, but consumers are still feeling pinched.
What’s the Difference in the Annual COLA and Pay Raise?
The annual COLA and pay raise are complex and often cause confusion. This is what they are and how they are different.
Why Retiring Now Won’t Help You Cash In on the 2023 COLA
Federal employees planning to retire at the end of 2022 to take advantage of the large 2023 COLA are likely to be disappointed.
4.1% Differential Between 2023 Pay Raise, COLA
Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.
