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COLA

2023 COLA and the Long Expected Federal Retirement Tsunami

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 17, 2022 8:59 AM Categories Federal Employee Retirement Leave a comment

With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.

Will Next COLA Match 7.4% of 1982? CPI-W Index Up 8.6% in 12 Months

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 10, 2022 10:29 AM Categories Federal Employee Retirement Leave a comment
Close up of person's hand pumping gas into a car overlaid on a stock chart in the background

The 2022 COLA was 5.9%—the largest in 40 years. The CPI-W for February is up 8.5% in 12 months. Will the 2023 COLA go even higher?

Why Your Raise or Annuity Goes Down Faster Than Inflation Goes Up

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: February 23, 2022 3:23 PM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment

How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.

Inflation Rate Soars to 7.5%; Comparing 45 Years of Federal Raises, Inflation, and COLAs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: February 15, 2022 11:31 AM Categories Federal Employee Pay News Leave a comment

Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?

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 Federal Employee 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 Federal Employee Pay News 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 Federal Employee Pay News 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, Federal Employee 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 Federal Employee 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.

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June 8, 2023

Fund Last % YTD
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