Retirees Remain on Track for at Least Modest COLA in January
Without factoring in the effects of the two recent major hurricanes, federal retirees remained on track for a modest COLA in January based on August CPI data.
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.
Without factoring in the effects of the two recent major hurricanes, federal retirees remained on track for a modest COLA in January based on August CPI data.
Hurricane Harvey has created a disruption in oil production and gas prices which could impact next year’s COLA. The author provides an update.
Hurricane Harvey may cause gasoline prices to jump which could ultimately be a boon to federal retirees.
Alternative ways have at times been considered for computing benefits payments to federal retirees. The author describes some of the options.
There is both good and bad news about the likely COLA in 2018. The author provides the details.
The best estimate for the 2018 COLA is 2.2% according to the Board of Trustees for the Social Security Trust Funds.
Recent proposals suggest cutting federal employees’ retirement benefits, however, the author says that lawmakers may not understand how these are funded.
Lawmakers in both the House and Senate recently sent letters expressing their concerns to proposals to cut federal employees’ benefits.
Current federal employees are likely to receive a smaller pay increase in 2018 than federal retirees.
I am concerned about proposed cuts to my benefits. What will this mean for my salary and what can I do in the meantime?