APWU: COLA Updates for FERS, CSRS, SS and FECA

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…

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Fighting for the Right to Your Federal Benefits

Federal employees meet virtually with lawmakers to make their voices heard on compensation issues. By Tammy Flanagan – June 24, 2021 This week I had the opportunity to attend the legislative conference of the National Active and Retired Federal Employees Association. This impressive three-day event was held entirely on a virtual platform and included lessons…

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2021 FERS Cost Of Living Adjustment will be 1.3% 

HOW THE COLA IS CALCULATED The 2021 FERS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2020 over the 2019 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…

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NALC: 7th Contract COLA is $624 (30 cents per hour)

August 13 Contract COLA: 7th COLA is $624 The seventh regular COLA under the 2016-2019 National Agreement is $624 annually following the release of the July 2019 Consumer Price Index. On August 13, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 745.376 in…

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