Update on Harvey’s Impact on Gas Prices and COLA
Hurricane Harvey has created a disruption in oil production and gas prices which could impact next year’s COLA. The author provides an update.
COLA
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.
Hurricane Harvey, Gas Prices, and COLA
Hurricane Harvey may cause gasoline prices to jump which could ultimately be a boon to federal retirees.
Alternative Ways to Determine Future COLAs
Alternative ways have at times been considered for computing benefits payments to federal retirees. The author describes some of the options.
Be Prepared for a Moderate COLA in January
There is both good and bad news about the likely COLA in 2018. The author provides the details.
Best Estimate for 2018 COLA: 2.2%
The best estimate for the 2018 COLA is 2.2% according to the Board of Trustees for the Social Security Trust Funds.
How Do You Take Away a Benefit That’s Already Been Paid For?
Recent proposals suggest cutting federal employees’ retirement benefits, however, the author says that lawmakers may not understand how these are funded.
Lawmakers Express Concerns Over Proposals to Cut Federal Employees’ Benefits
Lawmakers in both the House and Senate recently sent letters expressing their concerns to proposals to cut federal employees’ benefits.
Will 2018 COLA Exceed Federal Employee Raise?
Current federal employees are likely to receive a smaller pay increase in 2018 than federal retirees.
What Impact Will the Proposed Cuts to Our Benefits Have on Me?
I am concerned about proposed cuts to my benefits. What will this mean for my salary and what can I do in the meantime?
House Budget Committee Targets Federal Employee Pensions
The House Budget Committee’s 2018 budget proposal suggests reforming civil service pensions to “put them on a better fiscal path.”
