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Search Tags: COLA
Did you ever think you'd live (and work) long enough to the point where a pay freeze of "only" 3 years would come across as good news? Senior Correspondent Mike Causey says these may be the good old days right now.
Federal and military retirees have been on a no-calorie diet for the past two years. But they may be in line for a cost of living adjustment in January 2012. Senior Correspondent Mike Causey crunches the numbers.
Most individuals have a time period they consider the good old days...when kids were kids...people didn't lock their doors. But Mike Causey says that for many federal workers the good old days didn't last very long because they only included last weekend!
Just when it looked like federal workers have hit rock bottom, it turns out that two big chunks of the government family may be in for some good news. Senior Correspondent Mike Causey says there may be pay raises for some postal workers and the return of the COLA for retirees.
For bureaucrat-bashing members of Congress, March can be the cruelest month. Senior Correspondent Mike Causey says that's especially so this year with a massive grassroots lobbying effort going on right now on Capitol Hill.
If you are a government or military retiree, odds are your retirement check for January was a little light. So what happened? Senior Correspondent Mike Causey says you can blame your benefit cut on the lame duck Congress, but relief is on the way.
Most federal workers and most federal retirees didn't get a pay raise or a cost of living adjustment this year. But for a smaller group of retired feds, a 1.7 percent cost of living adjustment has just kicked in. Senior Correspondent Mike Causey says timing is everything.
Friday is supposed to be a slow news day so we'll limit it to this: a 3 year pay freeze, 10 percent job cut, higher FEHBP premiums for retirees, lower benefits for future retirees and some other stuff. Interested? Check out Senior Correspondent Mike Causey's federal report.
Will retirees get a one-time $250 check? On this week's Your Turn host Mike Causey talks with Dan Adcock and David Snell from National Active and Retired Federal Employees about the upcoming lame duck session of Congress.
October 27, 2010
A report from Congressional Research Service reports on increases in federal pay and pension since 1969.