Federal Retirees Get a 1.6 % COLA for 2020. No One is Applauding
The COLA for 2020 has been met with a tepid response. The author explains how it is calculated as well as prospects for seeing higher future COLAs.
COLA
Stay informed on the latest COLA updates for federal retirees, including annual Cost‑of‑Living Adjustment announcements, calculation methods, and policy changes that affect retirement income under FERS and CSRS. Explore clear explanations of how COLA percentages are determined, historical trends in federal retiree COLAs, and the impact of inflation on long‑term financial security. Find timely analysis, legislative developments, and expert insights to help federal retirees understand how annual COLA changes influence their purchasing power and overall retirement planning.
Your 2020 COLA: 1.6%
Federal retirees can expect a modest COLA in 2020 now that the official inflation data have been released.
No Increase in Latest 2020 COLA Figure
Inflation did not rear its ugly head in August. That may not be good news for federal retirees and Social Security beneficiaries.
Calculating the 2020 COLA
We do not yet know the COLA amount for 2020 but the latest data available is now in.
Tracking the 2020 COLA
How is the COLA looking for Social Security recipients in 2020? The latest inflation data provide some insight.
Pay Raise, a COLA and Locality Pay
What are the differences in a COLA, pay raise and locality pay? Who is impacted by each of these?
Unbiased Survivor Annuity vs. Life Insurance
What are the key differences between survivor annuities and life insurance? The author provides an explanation.
Anticipating the 2020 COLA
What is the likelihood that COLA recipients see an increase in their annuity payments in January?
COLAs, Locality Pay and Raises
Why did federal employees get a smaller raise than the annual COLA? Here is a quick explanation.
Trying Again to Change Social Security’s COLA Formula
Another attempt is being made in Congress to change the COLA formula for Social Security to pay higher benefits.
