2023 COLA and the Long Expected Federal Retirement Tsunami
With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.
COLA
Will Next COLA Match 7.4% of 1982? CPI-W Index Up 8.6% in 12 Months
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
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
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
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
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
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?
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
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
With inflation rising and health insurance costs increasing every year, federal retirees need to budget carefully. These are some helpful resources.
