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COLA

Pay Raises, COLAs, Politics, 7.8% Inflation, and Federal Retirement

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 9, 2022 9:39 AM Categories Retirement Leave a comment

Are the retirement decisions by federal employees impacted by politics and policy decisions?

5.8% Inflation in Consumer Prices Eroding Value of Salaries and COLA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 28, 2022 12:19 PM Categories Pay & Benefits Leave a comment

New data show a 40-year inflation surge in consumer prices further eroding recent salary and COLA increases.

Inflation Rate Continues to Go Up Reducing Value of 2022 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 12, 2022 11:19 AM Categories Pay & Benefits Leave a comment
Pair of scissors cutting a stack of dollar bills against a solid white background depicting a pay cut or pay freeze

The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.

Why is My 2022 COLA Less Than I Was Expecting?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 10, 2022 9:15 AM Categories Q&A, Retirement Leave a comment

My FERS annuity with the 2022 COLA is increasing less than 4.9% in January. Why is that?

Biggest Events for Federal Employees in 2021

FedSmith.com author Ian SmithBy Ian SmithDecember 30, 2021 10:50 AM Categories Current Events Leave a comment

A vaccine mandate, a big COLA, and more telework: these are some of the biggest events for federal employees in 2021.

Top Ways for Federal Retirees to Boost Their Income in 2022

FedSmith.com author Ian SmithBy Ian SmithDecember 16, 2021 9:37 AM Categories Retirement Leave a comment

With inflation rising and health insurance costs increasing every year, federal retirees need to budget carefully. These are some helpful resources.

Inflation Soars Again: Value of 2022 Federal Pay Raise and COLA Going Down

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 10, 2021 9:51 AM Categories Pay & Benefits Leave a comment

Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.

What Inflation Does to Your Federal Retirement

FedSmith.com author Dallen HawsBy Dallen HawsDecember 9, 2021 8:15 AM Categories Retirement Leave a comment

Inflation has been rising at a much higher rate than usual. How can this impact a federal employee’s retirement?

Your 2022 Federal Pay Raise, COLA, and Why 2021 Inflation Is Important

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNovember 14, 2021 7:44 AM Categories Pay & Benefits Leave a comment

The 2021 inflation rate so far is now 6.2%. With a projected 2022 federal pay raise of 2.7%, and a COLA of 5.9%, purchasing power is declining fast.

2022 COLA: 5.9%; Largest in 40 Years

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOctober 13, 2021 9:38 AM Categories Retirement Leave a comment
A single red 3D percent sign among a series of 3D white dollar signs around it

The 2022 COLA will be the largest increase in 40 years, a fact obviously of interest to federal retirees and Social Security recipients.

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June 27, 2022

Fund Last % YTD
G Fund $16.9244 +0.02% +1.12%
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L 2060 $12.1482 -0.20% -18.37%
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Get detailed TSP data at TSPDataCenter.com

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