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11:26 am, October 2, 2014

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Search Tags:  COLA

President's 2014 budget includes pay increase, but retirement changes loom large

Federal employees would see a slight pay bump next year under President Barack Obama's proposed budget for 2014. But at the same time, the White House budget outline proposes sweeping changes to federal employees' retirement benefits, including reductions to annual cost-of-living increases for retirees.

Tags: budget , 2014 budget , pay and benefits , pay , Barack Obama , retirement ,

Wednesday - 04/10/2013, 01:43pm EDT

Changes to COLAs, retirement benefits included in Obama's 2014 budget

President Barack Obama is calling for the implementation of the "chained Consumer Price Index" to measure inflation. The change will reduce cost-of-living adjustments for retired federal employees and Social Security recipients. The 2014 budget is officially scheduled for release on Wednesday.

Tags: budget , 2014 budget , Barack Obama , Congress , chained CPI , retirement , Social Security

Friday - 04/05/2013, 09:12am EDT

Diet COLAs for everybody?

If you could pick any historical event to relive, it probably wouldn't be the maiden voyage of the Titanic that didn't go well. And now, 100 years later, federal, military and Social Security retirees are just becoming aware of a political iceberg that could punch a hole in their future benefits, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , retirement , chained CPI , Congress , sequestration , NARFE

Monday - 12/17/2012, 02:00am EST

Fed groups pounce on Obama's COLA-cutting proposal

In the latest proposals traded back and forth between the White House and Boehner, the President proposed changing the formula the Labor Department uses to measure inflation which would reduce annual COLAs for Social Security beneficiaries, including federal and military retirees. Federal-employee unions and groups remain worried the COLA proposals are still very much on the table.

Tags: Congress , John Boehner , Barack Obama , fiscal cliff , pay and benefits , benefits , retirement , chained CPI , Center for Budget and Policy Priorities

Tuesday - 12/18/2012, 05:10pm EST

Compromise hits highest/lowest incomes

In the fiscal-cliff talks, it now appears that both sides have blinked. Republicans appear willing to accept some higher taxes and Democrats seem to have agreed that Social Security's growing costs must be curtailed. Slightly and slowly. So how will the proposals affect you? Check out Senior Correspondent Mike Causey's column.

Tags: Mike Causey , Federal Report , pay and benefits , Congress , retirement , chained CPI , sequestration

Wednesday - 12/19/2012, 02:00am EST

New retiree diet: 99 ways to serve Hamburger Helper

If Congress and the White House change the yardstick used to measure inflation, will retirees barely notice or will they have to go on a diet of Hamburger Helper and Ramen Noodles? Check out Senior Correspondent Mike Causey's column for more.

Tags: Mike Causey , Federal Report , pay and benefits , benefits , retirement , chained CPI ,

Thursday - 12/20/2012, 02:00am EST

Federal-employee, veterans groups assail proposal to limit COLAs

Federal-employee groups and veterans organizations say a legislative proposal that would result in lower cost-of-living adjustments for federal and Social Security retirees is a non-starter. Moving to a "Chained" Consumer Price Index method of calculating inflation would curtail future benefits for Social Security retirees, including federal employees and veterans, opponents of the proposal say.

Tags: Congress , budget , pay and benefits , chained CPI , NARFE , Bernie Sanders , retirement , Julie Tagen , Jack Moore

Friday - 11/09/2012, 08:49pm EST

Fed retirees to see 1.7 percent COLA increase in 2013

The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 56 million Social Security beneficiaries, according to the Social Security Administration. Social Security recipients received a 3.6 percent increase in benefits this year after getting none the previous two years.

Tags: retirement , SSA , pay and benefits

Tuesday - 10/16/2012, 12:48pm EDT

A bitter diet COLA coming up ...

Federal, postal and military retirees are about to get an inflation-adjustment. That's the good news. The bad news is that it will be a diet- version and, for most, leave a very bitter aftertaste, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , benefits , Social Security , retirement

Tuesday - 10/16/2012, 02:00am EDT

Pay or pension: Back to the future

Two years into a three-year pay freeze, thousands of retirement-eligible feds are doing the math and concluding that maybe they would be better off retired and getting inflation adjustments rather than working at their 2010 salary rate, Senior Correspondent Mike Causey says. So what's in it for you?

Tags: Mike Causey , Federal Report , pay and benefits , pay freeze , retirement

Wednesday - 10/03/2012, 02:00am EDT
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