When Does an Employee Have to Retire to Receive the 2017 COLA?
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
COLA
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.
Legislation Introduced to Apply the Chained CPI to Social Security COLA
Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.
Combatting Rise in Medicare Part B Premiums for Federal Retirees
Some federal retirees may be impacted by a significant increase in Medicare Part B premiums. A bill has been introduced to minimize the impact.
Schumer Urges One Time ‘Emergency’ Payment to Social Security Recipients to Offset Low COLA
Senator Charles Schumer (D-NY) has announced an initiative to offset the low COLA that was recently announced for the coming year.
Low COLA? Blame it on Gasoline
The author says that a drop in gasoline prices is to blame for the very low COLA that was announced for 2017 this week.
Social Security Taxes Set to Rise for Some Employees in 2017
The Social Security Administration has announced that the maximum amount of earnings subject to the Social Security tax will climb 7.3% in 2017.
0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.
Groups Urge Lawmakers to Combat Rising Medicare Part B Premiums
Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.
Chances Increase for Small COLA in 2017
There is some good news for readers who may be hoping for any COLA increase in January.
Federal Employees and Retirees Face Hard Choices With Rising Premiums
Federal employees and retirees will face a series of difficult decisions over the next month as they think about funding their benefit contributions in the midst of rising costs.
