Rewarding High Performers and Chopping Benefits
OPM has released its proposed legislative changes impacting pay and benefits for the federal workforce. Here is a summary.
COLA
New TSP Annuity COLA Computation Rate Coming in March
TSP annuities will have a new formula used to calculate their cost of living adjustments starting this spring.
2021 Budget Proposal Would Eliminate FERS COLA, SRS
A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.
2020 Pay Raise Unfair to Retirees?
Which group comes out ahead in determining a COLA or the annual federal pay raise?
Proposal Would Change Calculation Rate of the TSP Annuity COLA
The FRTIB has proposed a change to the rate used to calculate annual increases for TSP annuities.
Inflation and its Impact on your Federal Retirement
Federal retirees receive COLAs on their annuities to help offset inflation, but are there any similar options with your TSP account?
Federal Retirees Get a 1.6 % COLA for 2020. No One is Applauding
The COLA for 2020 has been met with a tepid response. The author explains how it is calculated as well as prospects for seeing higher future COLAs.
Your 2020 COLA: 1.6%
Federal retirees can expect a modest COLA in 2020 now that the official inflation data have been released.
No Increase in Latest 2020 COLA Figure
Inflation did not rear its ugly head in August. That may not be good news for federal retirees and Social Security beneficiaries.
Calculating the 2020 COLA
We do not yet know the COLA amount for 2020 but the latest data available is now in.
