By now many people have figured out that the January cost of living adjustment for retirees will be bigger than the pay raise for working feds and some want to cash in on it. But Senior Correspondent Mike Causey says, for most of you, that ship has sailed.
Federal and military retirees will get a 5.8 percent cost of living adjustment in January. That\'s solid and its the biggest COLA since 1982, but some people say the cost of the increase could be a political problem down the line.
After a few brutal weeks of economic news we should all welcome a time out. Even though this is a holiday for most federal workers, there are three good news items in the works. Check out Senior Correspondent Mike Causey\'s column and send it on to a friend.