cost of living adjustment

  • 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.

  • 2019 COLA? Yes but pay raise? Not likely

    With three months left to go in the cost-of-living adjustment countdown clock, federal/military/Social Security retirees are looking at a January inflation-catch up of 2.7 percent.

  • Will Congress change your federal retirement benefits?

    The Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future retirees. Will Congress pass it? Find out when NARFE Deputy Director for Advocacy John Hatton joins host Mike Causey on this week’s Your Turn to discuss the president’s proposals. June 6, 2018

  • A flatline retirement: Can you make it?

    Federal retirees in 1980 could establish a standard of living and keep it even during 14 percent inflation and 11-plus percent the following year. Now, the Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future workers retiring under the Federal Employees Retirement System.

  • Big retirement plan cuts: What are the odds?

    Are you worried about the pay-more-get-less design changes Congress and the White House are considering for your Federal Employees Retirement System and Civil Service Retirement System plans?