(07/22/14) The percentage increase in the December CPI-W index from year to year determines the FECA COLA increase. The 2014 FECA COLA will be 1.5% effective March 2014. After the sixth month of the twelve-month adjustment period for the 2015 FECA COLA, the CPI-W index has risen 2.412%. via Pay | APWU.
For FECA employees: (05/21/14) The percentage increase in the December CPI-W index from year to year determines the FECA COLA increase. The 2014 FECA COLA will be 1.5% effective March 2014. After the third month of the twelve-month adjustment period for the 2015 FECA COLA, the CPI-W index has risen 1.477%. via Pay | APWU.
For CSRS retirees: (05/21/14) The 2015 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index in 2014 over the 2013 third quarter average. After the first quarter of 2014, the first quarter of the 2015 COLA adjustment period, the quarterly index has risen by 0.4%. For FERS retirees: (05/21/14)…
For Employees Covered by the National Agreement: (05/21/14) In April 2014, the Consumer Price Index (CPI-W) rose to 695.356. This index is above the point of the last adjustment: 692.725. The sixth COLA adjustment under the 2010 National Agreement will be based on the July 2014 CPI Index point and will be effective September 6,…
