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…

 Continue reading

USPS OIG Report: Payments to Injured Employees

Objective Our objective was to determine whether the Postal Service is properly paying its injured employees. Postal Service employees are covered by the Federal Employees’ Compensation Act (FECA). The U.S. Department of Labor’s (DOL) Office of Workers’ Compensation Programs (OWCP) administers FECA, determines injured employees’ eligibility for benefits, and pays direct compensation to claimants or…

 Continue reading