For CSRS Retirees: The 2018 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2017 over the 2016 third quarter average. 2018 CSRS COLA increase effective with January 2018 annuity payments will be 2.0%. For FERS Retirees: The 2018 FERS retiree COLA is based on the third…
Press Release – October 18, 2016 Small cost-of-living increase triggers huge Medicare Part B premium hike for many retirees WASHINGTON – American Federation of Government Employees National President J. David Cox Sr. is calling on Congress to pass emergency legislation to prevent massive increases in Medicare Part B premiums for millions of retirees next year….
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…
