2022 FERS COLA: Good News and Bad News
Inflation is up this year which will likely boost next year’s COLA for federal retirees, but there is some bad news for FERS retirees.
COLA
Inflation Jumps to 5% Annual Increase: Latest COLA Estimate for 2022
Inflation is increasing more than expected. The May inflation rate was 5% over a 12-month period. What does this mean for the annual COLA?
Will 2022 Beat the 2021 COLA?
Could the 2022 COLA go as high as 4.7%, or will inflation increases start to recede?
COLA Calculation: More Money for Federal Retirees in 2022?
The latest inflation data have been released. What are likely projections for the 2022 COLA?
A Great Age to Retire
While there is no “perfect” age for a federal employee to retire, there are some benefits to waiting until at least age 62.
The Impact of a Higher Minimum Wage on COLAs for Federal Retirees
The author says that an increase in the federal minimum wage could have an impact on Social Security and the annual COLA for federal retirees.
How Can Locality Pay Be Smaller than a COLA?
Locality pay is determined using a complex system of comparing federal and private sector pay. It is not a COLA.
Legislation Reintroduced to Boost COLAs for Some Retired Feds
One Congressman is making another attempt to ensure CSRS and FERS federal retirees get the same COLAs.
More Big Retirement Differences for FERS Special Provision Employees
There are a number of special provisions afforded to certain federal employees under FERS.
Lawmakers Push for 3% COLA in 2021
Legislation has been introduced to provide a higher COLA to retirees in 2021.
