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?
COLA
Stay informed on the latest COLA updates for federal retirees, including annual Cost‑of‑Living Adjustment announcements, calculation methods, and policy changes that affect retirement income under FERS and CSRS. Explore clear explanations of how COLA percentages are determined, historical trends in federal retiree COLAs, and the impact of inflation on long‑term financial security. Find timely analysis, legislative developments, and expert insights to help federal retirees understand how annual COLA changes influence their purchasing power and overall retirement planning.
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.
Inflation Soars Again: Value of 2022 Federal Pay Raise and COLA Going Down
Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.
What Inflation Does to Your Federal Retirement
Inflation has been rising at a much higher rate than usual. How can this impact a federal employee’s retirement?
Your 2022 Federal Pay Raise, COLA, and Why 2021 Inflation Is Important
The 2021 inflation rate so far is now 6.2%. With a projected 2022 federal pay raise of 2.7%, and a COLA of 5.9%, purchasing power is declining fast.
2022 COLA: 5.9%; Largest in 40 Years
The 2022 COLA will be the largest increase in 40 years, a fact obviously of interest to federal retirees and Social Security recipients.
Calculating Your 2022 COLA With Eager Anticipation
The 2022 COLA will be determined by inflation during a three-month period. Here are the latest inflation figures impacting the January COLA payment.
Be Aware of the Medicare Part B Premium When Taking Social Security at Age 62
Enjoying your Social Security benefit prior to age 65 means less money to pay the Medicare Part B premiums – for the rest of your life.
Federal Pay Raise 2013-2021: 13.1%. Actual Increase: 18.1% (DC Increase: 21%)
Federal pay raises granted over 8 years totaled 13.1%, however, the actual average salary went up 18.6%. In DC, the average salary went up 21%.
