cost of living adjustment
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Last month the Thrift Savings Plan implemented a series of changes in withdrawal rules it hopes/expects will lead to more people leaving their investments in the TSP when they leave government.
October 12, 2019 -
Federal workers and retirees are awash in numbers today, some solid, some still forming up. The final total will determine in large part what kind of financial future they have.
October 11, 2019 -
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
October 10, 2019 -
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.
October 08, 2019 -
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.
September 30, 2019 -
As the year grows closer to an end, federal employees will be eager to see just how much their pockets will be impacted.
September 25, 2019 -
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…
September 13, 2019 -
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.
September 04, 2019 -
While you were away, here’s what happened on the job front — spoiler alert, not much!
September 03, 2019 -
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.
August 30, 2019 -
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.
August 15, 2019 -
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…
August 14, 2019 -
The size and purchasing power of your 2020 biweekly paycheck or monthly annuity payment will be decided in a couple of months. The good news about the January 2020 COLA for federal, military and Social Security retirees is that there almost certainly will be one.
August 12, 2019 -
It's quiet, as August is a time when things are on hold until at least after Labor Day. But a lot awaits lawmakers when they return.
August 08, 2019 -
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
July 30, 2019