COLA
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With four months left to go in the cost-of-living adjustment countdown, the increase is looking like 1.51 percent in Social Security, civil service and retired military pay benefits, but that's not guaranteed and few people understand how the system works.
June 16, 2017 -
If you get Social Security, or civil service or military retirement benefits, Senior Correspondent Mike Causey says you may be on the road to the biggest inflation-catchup in years.
June 13, 2017 -
One of the best things about retiring from the government is that pensions are inflation-protected for life, but the Trump administration wants to eliminate cost-of-living adjustments for one group of retirees and trim future inflation catch-ups for others.
June 12, 2017 -
Senior Correspondent Mike Causey says Trump should keep his hands off the federal retirement program, at least if he wants to stay in power.
May 31, 2017 -
Senior Correspondent Mike Causey says current and future federal retirees would lose thousands of dollars in cost-of-living benefits if Congress goes along with the president's plan to put them on a zero-COLA plan.
May 30, 2017 -
Senior Correspondent Mike Causey says the greatest fear of retirees who don't get a pension from work or an inflation adjustment is running out of money.
May 24, 2017 -
Are you worried about running out of money? This week on Your Turn, financial planner Arthur Stein joins host Mike Causey to discuss how long your investments should last during retirement. May 24, 2017
May 23, 2017 -
Proposed changes to the federal retirement system could force current federal employees to delay retirements and spark financial hardship for current retirees. Federal financial experts discuss these proposals, which President Donald Trump included in his full fiscal 2018 budget request.
May 23, 2017 -
Senior Correspondent Mike Causey says federal and Social Security retirees may be in for a cost-of-living adjustment that’ll trump January's proposed 1.9 percent pay raise for federal workers.
May 23, 2017 -
Congress is in the midst of "reforming" the federal government by rounding up overpaid bureaucrats and whittling back their break-the-bank benefits.
May 22, 2017 -
While the ink on the deal hasn't dried yet, more than 200,000 postal employees could see a series of pay raises down the road, now that one of the major postal unions has reached a provisional labor agreement with the U.S. Postal Service.
May 16, 2017 -
When it comes to the latest proposed pay raise, Senior Correspondent Mike Causey wonders if federal workers are ingrates or just in shock.
May 08, 2017 -
Trick question: Who's going to get the biggest pay raise next year: active-duty federal workers or federal retirees and folks who get Social Security?
April 20, 2017 -
After a year without a cost-of-living adjustment, federal and Social Security retirees may experience a slight pulse in the inflation catchup pipeline, says Senior Correspondent Mike Causey.
March 21, 2017 -
The CPI-E Act would require federal retirement programs to use the Consumer Price Index for the Elderly (CPI-E) when calculating cost-of-living adjustments. Currently the CPI used is the one for workers.
March 02, 2017