NARFE: FEHBP Premium Increase in 2018

Press Release – October 4, 2017 Alexandria, VA – The Office of Personnel Management (OPM) today announced the average Federal Employees Health Benefits (FEHB) Program premium for America’s retired and active federal workers will increase 4.0 percent in 2018, with the average enrollee’s share rising 6.1 percent. In response, Richard G. Thissen, president of the…

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APWU: Second Significant COLA Increase of 2017 Announced

Web News Article #: 75-2017 08/11/2017 – In accordance with the 2015-2018 Collective Bargaining Agreement, career employees represented by the APWU will receive a 13 cents per hour cost-of-living adjustment (COLA) effective September 2. The increase is the result of an increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated…

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AFGE: Federal Retirees to Face Huge Spike in Medicare

Press Release – October 18, 2016 Small cost-of-living increase triggers huge Medicare Part B premium hike for many retirees WASHINGTON – American Federation of Government Employees National President J. David Cox Sr. is calling on Congress to pass emergency legislation to prevent massive increases in Medicare Part B premiums for millions of retirees next year….

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Social Security Announces 0.3 Percent Benefit Increase for 2017

Press Release – Tuesday, October 18, 2016 Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase 0.3 percent in 2017, the Social Security Administration announced today. The 0.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 60 million Social Security beneficiaries in January…

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APWU: COLA Increase of one-cent per hour, Effective September 3

Web News Article #: 180-2016 08/16/2016 – Career employees represented by the APWU will receive a one-cent per hour cost-of-living adjustment (COLA) effective Sept. 3, in accordance with the 2015-2018 Collective Bargaining Agreement. The increase is the result of a slight increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated…

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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…

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APWU: Future COLAs depend upon terms of successor CBA

For Employees Covered by the National Agreement In June 2015 the CPI-W unadjusted Index (1967=100) rose to 696.431 after falling for five of the last nine months. No additional COLAs are due under the 2010 National Agreement. Future COLAs will depend upon the terms of a successor collective bargaining agreement. Under the 2010 National Agreement,…

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APWU: Seventh COLA, effective March 7, 2015, likely to be $0.00

For Employees Covered by the National Agreement In December 2014 the CPI-W unadjusted Index (1967=100) fell for the third month in a row (and four out of the last five months) to 684.828 driven largely by falling oil prices. Until the Index rises above 698.58, no COLA will be due. The seventh COLA adjustment under…

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