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.
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?
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
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.
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?
The author says that the chained CPI which the president recently dropped from his budget proposal would actually have been a good thing because of its potential to help with reducing the national debt. He notes that the actual cost to federal retirees from the chained CPI would have been less than the cost of a pizza each month and illustrates its financial impact for federal pensioners.
The Social Security Administration announced today that the annual cost of living adjustment for Social Security recipients will be 1.5%.
What is the overall impact of the pay freeze on employees retiring in the near future? The author runs some hypothetical numbers to illustrate.
How would a chained CPI impact a federal retiree’s annuity payments over time?
How much of an increase will federal retirees get in their retirement annuity in January 2013? Probably not much.
The author tells a true story of a federal employee and friend who suffered some serious health problems and had to contend with leave without pay and retirement annuity considerations to cover his medical bills.
