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Amelia Brust/Federal News Network

For 2023, federal retirees will see largest COLA increase in over 40 years

The cost-of-living adjustment, or COLA, for 2023 will increase 8.7% for CSRS retirees and Social Security recipients, while FERS retirees will receive…

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Getty Images/iStockphoto/SeanPavonePhotoWashington, D.C. skyline with highways and monuments.

COLA, COVID, pay raise, shutdown: Time for a time out?

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Amelia Brust/Federal News NetworkTammy Flanagan

Timing your retirement isn’t rocket science, but no cake walk

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The U.S. Capitol is seen during a sunrise in Washington, Wednesday Feb. 27, 2019. Michael Cohen, President Donald Trump's former personal lawyer, will testify today before the House Oversight and Reform Committee in an open hearing. (AP Photo/Jose Luis Magana)

Pay raises and retiree COLAs: Good news vs. bad news

For federal workers the good news is that Congress approved a 1.9 percent raise for them despite the fact that the president wanted to freeze pay in 2019.

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The House Chamber of the U.S. Capitol Building in Washington, Friday, Feb. 22, 2019. House Democrats have introduced a resolution Friday to block the national emergency declaration that President Donald Trump issued last week to fund his long-sought wall along the U.S-Mexico border, setting up a fight that could result in Trump's first-ever veto. (AP Photo/Andrew Harnik)

Return of the (not so) Magnificent Six

But if you don’t appreciate politicians trying to eliminate long-promised features of your Federal Employees Retirement System or Civil Service Retirement…

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Are you on the government’s endangered species list?

If Uncle Sam kept a list of endangered workers, folks under the old Civil Service Retirement System would be at the top. Less than six of every 100 workers still on the payroll are under the system that was phased out in the mid 1980s.

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