A ‘diet COLA’ for FERS retirees has compounding effects on retirement savings
A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.
A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.
January 2022’s cost of living adjustment for federal retirees will depend on not only their plan, but also inflation.
Consumer prices are going up and up, which is a good sign if you’re hoping for a high cost of living adjustment next January.
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.