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.
Stay informed on the Civil Service Retirement System (CSRS) with updates on CSRS annuity calculations, eligibility rules, service credit, and annual COLA adjustments that affect federal retirees. Explore clear explanations of CSRS benefits, survivor options, retirement planning considerations, and policy changes that influence long‑term financial security for CSRS employees and annuitants. Find timely analysis and practical guidance to help you understand how CSRS retirement income is determined and how legislative or regulatory updates may impact your benefits.
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.
The author says that although federal employees may not think of themselves as lucky, they have plenty for which to be thankful.
The author describes the retirement planning process for federal employees under both FERS and CSRS.
What should a federal employee’s surviving spouse do when s/he dies? This is a checklist for handling federal benefits.
What is the likelihood that COLA recipients see an increase in their annuity payments in January?
What is CSRS Offset, and what impact does it have on your pension in retirement?
Legislation has been reintroduced to equalize COLAs paid to federal retirees under FERS and CSRS.
How do military deposits affect FERS and CSRS retirement calculations? Here is an overview.
A recent OPM Inspector General’s report said that improper payments made under federal employee retirement systems represent a “high risk.”
I am a FERS Transferee. How does the cost of living adjustment (COLA) affect my annuity payment?