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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USPS OIG Report: Workers’ Compensation Program Cost Containment Activities

Objective The Federal Employees’ Compensation Act (FECA) program provides coverage for and assistance to about 2.6 million federal civilian and Postal Service employees who have sustained work-related injuries or disease by providing appropriate monetary and medical benefits and assistance in returning to work. The modern FECA program was created in 1916 with the overall intention…

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USPS OIG Management Advisory – Workers’ Compensation Compound Drug Costs

Background Enacted in 1916, the Federal Employees’ Compensation Act (FECA) provides medical, compensation, death, and vocational rehabilitation benefits to civilian federal employees who sustain injuries or disease. In fiscal years (FYs) 2014 and 2015, FECA provided over $1 billion in annual workers’ compensation benefits to U.S. Postal Service workers. The U.S. Department of Labor (DOL)…

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