Social Security says millions of retirees will get a modest 1.6% cost-of-living increase in 2020 _ and that comes to about $24 more a month more the average retired worker
It’s very likely, especially if you haven’t changed plans in the past few years or are retired, that you are paying more in premiums than necessary.
Federal-military-Social Security retirees are hoping for a January 2020 cost of living adjustment, which is nice but not as nice as the days of 8% or 9% yearly increases.
As the year grows closer to an end, federal employees will be eager to see just how much their pockets will be impacted.
Earlier this year, the chances of both (or either) a federal pay raise and a separate cost of living adjustment for retirees were hovering somewhere between slim and slimmer. The president called for a zero…
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.
While you were away, here’s what happened on the job front — spoiler alert, not much!
In addition to the ever-present threat of a shutdown, it’s when federal workers go shopping for next year’s all-important heath insurance.
With two critical months to go in the cost of living adjustment countdown, federal, military and Social Security retirees are in line for an inflation catch-up.
Most current federal retirees, and a small percentage of folks still on the payroll, are under the old Civil Service Retirement System. It offers a generous lifetime annuity that is based on salary and length…