APWU COLA Update For CSRS, FERS, Social Security
For CSRS Retirees: The 2016 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index in 2015 over the 2014 third quarter average. After the second quarter of 2015, the third quarter for the 2016 COLA adjustment period, the quarterly average is 0.6% below the third quarter of 2014; but…