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Search Tags: COLA
The January cost of living adjustment retirees were counting on to help pay higher health premiums is not going to happen. Senior Correspondent Mike Causey says that for the second year in a row the retirees will get nothing even as federal workers get a token 1.4 percent pay raise.
Federal workers are in line for a pay raise in January. Federal retirees are not. How come? Senior Correspondent Mike Causey says deflation is the reason.
Health premiums and pay for active duty federal workers are both going up next year. One more than the other. But Senior Correspondent Mike Causey notes retirees are going to have to pay the same premiums but without any increase in benefits.
One in every six Americans gets a federal, military or Social Security retirement benefit that is linked to inflation. But what happens when their isn't any inflation? Senior Correspondent Mike Causey sorts out the numbers.
Six years ago all sorts of people were fighting to prevent the National Security Personnel System from being implemented. Now, Senior Correspondent Mike Causey notes some people are saying that it worked well and is being buried prematurely.
Federal retirees didn't get a cost of living adjustment this year. What's the outlook for a COLA in 2011? Senior Correspondent Mike Causey rates the chances as somewhere between slim and none.
WFED's Jason Miller reports.
The new no-cal COLA Uncle Sam is serving up to federal and postal retirees is making a lot of them sick. Senior Correspondent Mike Causey conducts the taste test.
Although it's the lowest proposed pay raise in decades, most federal workers seem to be taking the proposed1.4 percent diet pay raise in stride. But Senior Correspondent Mike Causey says many retirees are very unhappy with their no-Cal COLA.
Your 2010 white collar federal pay raise is a simple, flat 2 percent right? Well, yes and know. It's 2 percent, more or less, but Senior Correspondent Mike Causey says it is anything but simple.