Federal retirees are currently due a January 2015 cost-of-living adjustment of about 1.35 percent

Title: Guess who's going up 1.35 percent?

2015 Retiree COLA Update

Article Snip: "...Each year when the retiree COLA exceeds the federal pay raise, many working stiffs figure they will retire at the end of the year to get the higher COLA. Doesn't work that way. The COLA is pro-rated (on a monthly basis) based on how long you've been retired. So you can't retire a month or two before the COLA kicks in and qualify for it. +..."
Reference: www.federalnewsradio.com