Showing posts with label 2015 Federal Retiree COLA. Show all posts
Showing posts with label 2015 Federal Retiree COLA. Show all posts

Monday, June 16, 2014

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