Congress introduces idea to change how COLAs are calculated for federal retirees
In today’s Federal Newscast, House lawmakers want to change how cost-of-living adjustments, or COLAs, are calculated for many federal retirees.
In today’s Federal Newscast, House lawmakers want to change how cost-of-living adjustments, or COLAs, are calculated for many federal retirees.
Sen. James Lankford says whatever retirement changes occur should only apply to new hires. Hear this story and more in today’s Federal Newscast.
Several members of Congress have declared the President’s proposed cuts to federal employee retirement “dead on arrival,” while at least one Republican has expressed more of an interest in developing a new system for prospective employees.