Companion legislation has been introduced in the Senate to give federal retirees under both FERS and CSRS the same annual COLA amounts.
Inflation is going up fast. So are the 2023 COLA estimates. Will this influence your decision about when to retire?
Anticipating a big 2023 COLA? The CPI-W is now up 9.4% in one year based on inflation data from March 2022.
What is the latest 2023 COLA prediction? If federal employees plan to retire in 2022, will they get the 2023 COLA?
With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.