cost of living adjustment

  • Pay raise, COLA and retirement changes: Can feds make it to 2019?

    The metro Washington, D.C. area is now solidly blue and many local members of Congress will be eligible to lead committees that can affect active and retired government employees.

  • Fed unions taking victory laps

    Unions representing federal and postal workers may be among the biggest winner in Tuesday’s midterm elections.  Most went all out — though not exclusively — for Democratic candidates. 

  • Democratically-controlled House could have positive effect for feds

    In today’s Federal Newscast, with Democrats retaking the House, it could have a big effect on federal workforce issues and committee oversight.

  • Suffering from pension envy? Welcome to the club

    Do you wish you could switch retirement plans with some of the younger or older people in your office. If so don’t worry about it. It’s probably safe to say that many if not most feds under the old Civil Service Retirement System envy their colleagues who are in the Federal Employees Retirement System.

  • CSRS or FERS: Would you switch?

    If Uncle Sam had a special open season when you could change retirement plans, would you pick the old Civil Service Retirement System program or the Federal Employees Retirement System that replaced it in the 1980s?

  • Diet COLAs bad for future retirees

    Thanks to the diet COLA rule, people who have already retired under FERS will be limited to a 2 percent COLA in 2019.

  • Florida Air Force base severely damaged by Hurricane Michael

    In today’s Federal Newscast, base officials are the describing the damage at Tyndall Air Force Base in the Florida panhandle as “catastrophic.”

  • How do you know when (or even if) you can afford to retire?

    Are you leaving at the first opportunity? Or are you planning to work extra because you like the job or your coworkers and want to build your annuity?

  • Pension reform, Russian style

    The upside to the Russia pension system is that it is indexed to inflation. The downside is that the average life expectancy for Russian men is reportedly 59.

  • Your million-dollar-plus annuity nest egg

    Thanks to the Federal Employees Retirement System, the Civil Service Retirement System and Social Security retirement programs many people in the federal government will have guaranteed lifetime payments worth $1 to $2 million.