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.
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 is increasing more than expected. The May inflation rate was 5% over a 12-month period. What does this mean for the annual COLA?
Could the 2022 COLA go as high as 4.7%, or will inflation increases start to recede?
The latest inflation data have been released. What are likely projections for the 2022 COLA?
While there is no “perfect” age for a federal employee to retire, there are some benefits to waiting until at least age 62.
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.
Locality pay is determined using a complex system of comparing federal and private sector pay. It is not a COLA.
One Congressman is making another attempt to ensure CSRS and FERS federal retirees get the same COLAs.
There are a number of special provisions afforded to certain federal employees under FERS.
Legislation has been introduced to provide a higher COLA to retirees in 2021.