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COLA

2022 FERS COLA: Good News and Bad News

FedSmith.com author Dallen HawsBy Dallen HawsUpdated: June 29, 2021 4:35 PM Categories Federal Employee Retirement Leave a comment

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.

Inflation Jumps to 5% Annual Increase: Latest COLA Estimate for 2022

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: June 11, 2021 12:32 PM Categories Federal Employee Retirement Leave a comment
Shopping cart filled with coins

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?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 12, 2021 11:07 AM Categories Federal Employee Retirement Leave a comment
Shopping cart pictured in the background behind three vertical stacks of coins depicting the annual COLA/cost of living for federal retirees and Social Security recipients

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?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: April 15, 2021 5:56 PM Categories Federal Employee Retirement Leave a comment
Pink piggy bank on a wooden surface with question marks drawn on a chalkboard behind it

The latest inflation data have been released. What are likely projections for the 2022 COLA?

A Great Age to Retire

FedSmith.com author Dallen HawsBy Dallen HawsUpdated: March 25, 2021 3:24 PM Categories Federal Employee Retirement Leave a comment

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

FedSmith.com author Brenton SmithBy Brenton SmithFebruary 16, 2021 11:09 AM Categories Federal Employee Retirement Leave a comment

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?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 10, 2021 3:47 PM Categories Federal Employee Pay News Leave a comment

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

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 28, 2021 3:45 PM Categories Federal Employee Retirement Leave a comment
Evenly balanced seesaw with a piggy bank on the left side and 3 vertical stacks of coins on the right side

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

FedSmith.com author Dallen HawsBy Dallen HawsDecember 21, 2020 8:14 AM Categories Federal Employee Retirement Leave a comment

There are a number of special provisions afforded to certain federal employees under FERS.

Lawmakers Push for 3% COLA in 2021

FedSmith.com author Ian SmithBy Ian SmithOctober 22, 2020 12:28 PM Categories Federal Employee Retirement Leave a comment
Mini shopping cart filled with coins next to wooden blocks that read '2021'

Legislation has been introduced to provide a higher COLA to retirees in 2021.

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Daily TSP Performance

March 21, 2023

Fund Last % YTD
G Fund $17.3828 +0.01% +0.86%
F Fund $18.6152 -0.33% +2.24%
C Fund $61.6538 +1.30% +4.67%
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L 2040 $44.9892 +1.00% +3.72%
L 2045 $12.2138 +1.07% +3.91%
L 2050 $26.5495 +1.14% +4.10%
L 2055 $12.8307 +1.41% +4.63%
L 2060 $12.8294 +1.41% +4.63%
L 2065 $12.8278 +1.41% +4.63%
Get detailed TSP data at TSPDataCenter.com

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