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?
COLA
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.
2023 COLA for Federal Retirees Highest Since 1981
The 2023 COLA for federal retirees and Social Security recipients has been announced and will be the largest in since 1981.
Highest Expected 2023 COLA for Social Security in 40 Years
The 2023 COLA could be the largest for federal retirees in 40+ years.
A Perfect Retirement Storm? Comparing Pay Raise, Inflation, COLAs During Periods of High Inflation
Is 2022 a good year to retire? How do the annual pay raise, inflation, and COLAs compare during similar economic circumstances under Presidents Carter and Biden?
2023 COLA Update: CPI-W Up 9.1% in One Year
The latest 2022 inflation update and the first month used in the 2023 COLA calculation are now official. Here are the results.
Good or Bad News? 2023 COLA Estimates: 10.5%? 10.8%? 11.4%?
2023 COLA estimates are now above 10%, and one prediction is as high as 11.4%.
