How is the Annual COLA Different from an Annual Pay Raise?
Feedback we get indicates there is confusion about differences between the annual COLA and pay raise (understandably so). The author explains the differences.
Articles in this section cover the annual cost of living adjustment (COLA) for retired federal employees. Our authors illuminate the intricacies of the COLA and its significant impact on the financial well-being of federal retirees. Discover insights into the factors influencing COLA calculations, the historical trends in adjustments, and how these annual changes directly affect the purchasing power of retired federal workers. Stay informed about the latest updates, legislative changes, and expert analyses about the COLA, ensuring retirees are equipped with the knowledge necessary to navigate their finances effectively. Explore our articles to gain a comprehensive understanding of the annual adjustments that play a pivotal role in shaping the financial landscape for retired federal employees.
Feedback we get indicates there is confusion about differences between the annual COLA and pay raise (understandably so). The author explains the differences.
What will the COLA increase be in 2019? Here is the new figure based on data just released early this morning.
The COLA payments starting in January 2019 will probably include the largest increase since 2012.
Are you aware of these four key elements of your FERS annuity?
How is the COLA calculated and what can federal retirees likely expect for next year?
Recent news about proposed benefits cuts has many current and former federal employees worried. How might they impact one’s retirement if enacted?
The author offers an analysis of the recent proposals to reduce retirement benefits as they relate to pay and recruiting.
A hearing held by a House Committee yesterday addressed recent proposals to cut federal employees’ retirement benefits.
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
Will federal retirees receive a COLA in 2019? How will this impact any federal employee pay raise?