How Much Will the 2016 COLA Add to Your Income?
How much of a COLA increase will federal retirees have in 2016? Any increase at all is looking highly unlikely.
COLA
Articles in this section cover the annual cost of living adjustment (COLA) for retired federal employees. Our authors illuminate the intricacies of the COLA and its significant impact on the financial well-being of federal retirees. Discover insights into the factors influencing COLA calculations, the historical trends in adjustments, and how these annual changes directly affect the purchasing power of retired federal workers. Stay informed about the latest updates, legislative changes, and expert analyses about the COLA, ensuring retirees are equipped with the knowledge necessary to navigate their finances effectively. Explore our articles to gain a comprehensive understanding of the annual adjustments that play a pivotal role in shaping the financial landscape for retired federal employees.
A Fairer and More Economical Way to Calculate Social Security COLAs
The author proposes an alternate way of calculating the cost of living allowances for Social Security based on the process of computing cost of living adjustments for federal retirees that he says would result in tremendous long term savings.
Medicare Part B Premiums Are Scheduled to Rise 52% in January
Starting in January, most retirees under the Civil Service Retirement System (CSRS), who also are enrolled in Medicare Part B, could see a 52% jump in their monthly Medicare premiums.
Federal Retirement Contributions and Pension Calculations: More Changes Coming?
Will the federal retirement system be changed to require greater contributions from federal employees in the near future? Will the retirement computation change from a high three to high five? Here is a quick summary of pending issues federal employees should be watching.
Will Federal Retirees Get a COLA Increase in 2016?
How much will federal retirees and Social Security recipients receive with a new COLA calculation that will go into effect in January? As of today, there would not be any increase.
2015 COLA: What They Are Saying
The cost of living adjustment (COLA) for 2015 was announced earlier this week, and to put it mildly, pretty much everybody is unhappy with the figure.
1.7% COLA for Retirees… What About Current Federal Employees?
This is the time of year for learning more about expenses and income for 2015. What pay raise can federal employees expect to receive with the COLA increase and how does this compare to the increase in FEHB premiums?
COLA Announced for 2015: It’s 1.7%
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
Congress Authorizes COLA for Disabled Veterans
Congress has passed legislation that would provide a cost of living adjustment for disabled veterans receiving disability compensation from the Department of Veterans Affairs and other compensation for survivors of veterans who have died as a result of their service to the country.
Federal Pay Raises Through the Years
There are probably several reasons for the small pay raises of the past few years. Looking back, there are times when pay raises have been substantial. Why is today different?
