FERS COLA

After the second quarter of 2021, the third quarter for the 2022 COLA adjustment period, the quarterly average has increased by 4.1%.

The 2022 FERS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2021 over the 2020 third quarter average.

However, if the CPI-W quarterly average increases 3% or more, they subtract 1%. For example, a 5% increase in the quarterly CPI-W average results in a 4% adjustment. If the quarterly average increases from 2% to 3%, benefits increase by 2%. A CPI-W quarterly average increase of 2% or less will increase benefits by the change in the CPI-W quarterly average.

CSRS COLA

After the second quarter of 2021, the third quarter for the 2022 COLA adjustment period, the quarterly average has increased by 4.1%.

The 2022 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2021 compared to the 2020 third quarter average.

Social Security COLA

After the second quarter of 2021, the third quarter for the 2022 COLA adjustment period, the quarterly average has increased by 4.1%.

The 2022 Social Security COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2021 over the 2020 third quarter average.

FECA COLA

After the sixth month of the 12-month measuring period for the 2022 FECA COLA, the change in the index is 4.853%.

The percentage increase in the December CPI-W (1982-84=100) index from year to year determines the FECA COLA increase.

Source: APWU