Inflation, 2023 Federal Pay Raise, and Declining Wealth As 2022 Winds Down
While the anticipated 2023 federal pay raise is 4.6%, on average, inflation has slowed to an annual increase of 7.1%.
CPI
Inflation Up 8.3% Despite Decline in Gas Prices
The 2nd month of inflation data used to calculate the COLA payment that will begin in January is now available. Here are the latest figures and COLA projections.
Why Your Raise or Annuity Goes Down Faster Than Inflation Goes Up
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.
Inflation Rate Soars to 7.5%; Comparing 45 Years of Federal Raises, Inflation, and COLAs
Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?
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 Calculation: More Money for Federal Retirees in 2022?
The latest inflation data have been released. What are likely projections for the 2022 COLA?
How Storms in the Gulf Can Affect Your COLA
How can tropical weather affect the COLA for federal retirees? The author explains the impact two Gulf storms could have.
