First COLA in Three Years for Federal Retirees
Inflation has been very low for the past two years and federal retirees and those receiving Social Security payments have not had an increase. That is likely to change in 2012. Here’s why and how much.
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.
Inflation has been very low for the past two years and federal retirees and those receiving Social Security payments have not had an increase. That is likely to change in 2012. Here’s why and how much.
The deficit reduction commission made a number of proposals late last year, including some that would impact federal pay and benefits. President Obama has not endorsed the recommendations. That may be about to change. Here is a summary of proposals from this commission that would impact the federal workforce and retirement programs.
Recent recommendations in Congress could have a negative impact on the cost of living adjustment (COLA) for federal employee retirees.
The Republican Study Committee has released a budget proposal that would make $9.1 trillion in spending cuts, some of which would impact federal employees.
What is the current likelihood of a COLA increase in 2011? The prospects aren’t looking good. Here’s why.
Your expenses in retirement are higher now than they were last year. Does this mean federal retirees get a larger retirement check next year?
Will you get a COLA as a federal retiree in 2011? Will federal employees get a pay raise in 2011? How much will your health insurance premium go up in 2011?
If you are a retired federal employee, you may be wondering about a cost of living increase in your check in 2011. For those readers who have sent in this question, here is an answer you may not want to hear.
We have received questions from readers, perhaps because OPM is now distributing its annual “Notice of Annuity Adjustment,” inquiring about why there is no COLA increase for federal retirees in 2010 when the average federal employee is getting a raise.
COLA’s and pay raises are of interest to virtually all of our readers. There is also confusion about who gets what increase. Here is a brief explanation of the 2009 COLA and the 2009 federal employee pay raise–and why you do not get both a pay raise and a COLA.