Jessica Klement: CSRS retirees may see income drop in 2016

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Jessica Klement: CSRS retirees may see income drop in 2016

Low inflation makes a cost-of-living adjustment for federal retirees unlikely next year. If that happens it could make almost a million former federal employees a...

Francis Rose

October 12, 2015 9:34 am

< a min read

Jessica Klement, legislative director, NARFE

Low inflation makes a cost-of-living adjustment for federal retirees unlikely next year. If that happens it could make almost a million former federal employees a little poorer. Jessica Klement, legislative director for the National Active and Retired Federal Employees association, told In Depth with Francis Rose why Civil Service Retirement System retirees might see an income drop next year.