Federal Pay Raise 2013-2021: 13.1%. Actual Increase: 18.1% (DC Increase: 21%)
Federal pay raises granted over 8 years totaled 13.1%, however, the actual average salary went up 18.6%. In DC, the average salary went up 21%.
COLA
Up, Up and Away: 6.2% Possible for 2022 COLA
Inflation is up again in July. There is another higher projection for the 2022 COLA figure to be announced in October.
2022 COLA: Why Are FERS and CSRS Different?
The 2022 COLA will be significant but lower for FERS than for CSRS. Here are the differences and an explanation for the differences.
Social Security COLA Projected to Be the Highest In Decades
Social Security recipients are likely to get a big COLA in 2022, but the author notes that this is a major financial burden for the program.
This Retirement Mistake Could Cut Your Pension by 15%
Some federal employees under FERS could see a significant cut to their pensions if they meet these criteria.
How to Calculate Your 2022 COLA (Current Max Projection: 6.1%)
How is the 2022 COLA calculated for different groupings of federal retirees?
2022 COLA Data Shooting Higher: 6.1% Annual Inflation
The projected COLA increase for 2022 keeps going up. The latest inflation figures show inflation increasing and projected 6.1% COLA for 2022.
2022 FERS COLA: Good News and Bad News
Inflation is up this year which will likely boost next year’s COLA for federal retirees, but there is some bad news for FERS retirees.
Inflation Jumps to 5% Annual Increase: Latest COLA Estimate for 2022
Inflation is increasing more than expected. The May inflation rate was 5% over a 12-month period. What does this mean for the annual COLA?
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?
