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.
How can tropical weather affect the COLA for federal retirees? The author explains the impact two Gulf storms could have.
Two major hurricanes were a big factor in a higher COLA for federal retirees in 2018. The author explains how this happened.
Without factoring in the effects of the two recent major hurricanes, federal retirees remained on track for a modest COLA in January based on August CPI data.
Hurricane Harvey has created a disruption in oil production and gas prices which could impact next year’s COLA. The author provides an update.
The TSP has announced temporary relaxation of its hardship withdrawal rules to help victims of Hurricane Harvey.
Based on past experience, the TSP may provide aid to federal employees impacted by Hurricane Harvey via hardship in-service withdrawals.
Hurricane Harvey may cause gasoline prices to jump which could ultimately be a boon to federal retirees.