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10:19 am, August 22, 2014

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Year-end retirees miss COLA boat

Planning to retire soon to cash in on that 1.5 percent cost-of-living adjustment? Good plan, except for one problem, Senior Correspondent Mike Causey says. The good ship USS COLA has sailed!

Tags: Mike Causey , federal report , pay and benefits , retirement ,

Monday - 11/18/2013, 02:00am EST

A single-digit raise? It could have been worse

Retirees will get a 1.5 percent cost-of-living adjustment next January, and white-collar feds are looking at a 1 percent raise. Not much but it could have been a lot worse, Senior Correspondent Mike Causey says.

Tags: Mike Causey , federal report , pay and benefits , pay raise ,

Friday - 11/01/2013, 02:00am EDT

2014 COLA to rise 1.5 percent

The Social Security Administration announced Wednesday morning that the cost-of-living adjustment, or COLA, for 2014 will rise 1.5 percent.

Tags: Social Security , pay and benefits , retirement , Shefali Kapadia

Wednesday - 10/30/2013, 07:02am EDT

Retiree COLAs: Is bigger always better?

When it comes to cost-of-living adjustments for retirees, bigger is always better, right? Or is it? Either way, some changes may be coming in the way the government tracks inflation, Senior Correspondent Mike Causey says.

Tags: Mike Causey , federal report , pay and benefits , benefits ,

Wednesday - 10/16/2013, 02:00am EDT

Estimates point to slight COLA hike

Preliminary figures suggest next year's benefit increase will be roughly 1.5 percent, according to an analysis by The Associated Press. The increase will be small because consumer prices, as measured by the government, haven't gone up much in the past year.

Tags: pay and benefits , benefits , retirement , DOL , SSA , government shutdown

Monday - 10/14/2013, 12:35pm EDT

Shutdown delays COLA announcement

Millions of federal retirees will have to wait to find out the size of next year's cost-of-living adjustment. The Labor Department says it won't report inflation statistics on time this month, which will delay the Social Security Administration's COLA calculation.

Tags: pay and benefits , retirement , SSA , Labor , government shutdown

Friday - 10/11/2013, 01:11pm EDT

Is it 'Jaws' or 'Sharknado' for retirees?

Picture yourself floating in a deep, dark swamp, Senior Correspondent Mike Causey says. There doesn't appear to be any danger, except the pair of eyes watching you from the surface of the swamp. But what harm could they do? Ever hear of the federal version of the "Creature from the Black Lagoon?"

Tags: Mike Causey , federal report , pay and benefits , chained CPI , retirement ,

Thursday - 08/29/2013, 02:00am EDT

COLA? Maybe. Pay raise? Maybe not!

How can you tell the difference between a current government worker and a retired civil servant? One of them is smiling, Senior Correspondent Mike Causey says. Think about it, prices have gone up, taxes have gone up, health premiums have gone up -- but feds at the Pentagon, HUD, Interior and other agencies haven't had a raise in three years.

Tags: Mike Causey , federal report , pay and benefits , workforce , retirement

Monday - 08/05/2013, 02:00am EDT

Worried about retirement? Join the club

Feds who are already retired (and those who plan to retire someday soon) have several worries, Senior Correspondent Mike Causey says. For those about to take the plunge, the concern is the backlog of applications at the Office of Personnel Management. For those already on the roles the fear is that future benefit increases will be downsized each year.

Tags: Mike Causey , federal report , pay and benefits , retirement , chained CPI , OPM backlog , furloughs

Friday - 05/31/2013, 02:00am EDT
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