By Ralph Smith – June 5, 2016 An increase in the cost of living adjustment (COLA) refers to the increase, if any, that federal retirees and Social Security recipients will receive in 2017. It does not refer to any pay raise that current federal employees will receive. The 2017 federal pay raise is currently on track…
By Stephen Ohlemacher – October 11, 2015 WASHINGTON (AP) — For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation’s population. They can blame low gas prices. By law, the…
By Michael Wald – September 21, 2015 Congress is considering a bill that would require postal retirees to enroll in Medicare Parts B and D or lose their Federal health insurance. Is this the future for all Federal retirees? Medicare is facing years of higher costs. Costs for Medicare’s Supplementary Health Insurance (SHI), otherwise known…
By Michael O’Connell – January 13, 2014 The Office of Personnel Management disabled a Web portal used by federal retirees Monday to address a security glitch that may have left some retirees’ information accessible to other individuals visiting the portal. “This morning, OPM became aware of a technical malfunction impacting online services for Federal retirees,”…
The retirement claims backlog inched back up in July, after the Office of Personnel Management reduced the number of outstanding applications to its lowest point in years in June. OPM received 9,101 new retirement applications in July, over 1,000 more than expected. The backlog is now at 13,620 claims — 1,229 more claims than in…
