Federal Drive

What does a Chained Consumer Price Index mean for COLAs?

A reduced COLA may be part of the debt ceiling negotiations. Arthur Stein is a certified financial planner and he tells you what you need to prepare for.

Federal News Network Staff

July 15, 2011 10:31 am

< a min read

wfedstaff | June 4, 2015 8:29 am

Download audio

One of the ideas being considered in the debt limit talks is changing the formula that calculates cost-of-living adjustments for retirees. The proposal calls for a switch to a Chained Consumer Price Index to measure inflation. Arthur Stein is a certified financial planner with SPC Financial in Rockville, Maryland. He joined the Federal Drive to discuss what that change would mean for federal retirees.

Though the Defense Department managed to go unscathed through the Crowdstrike outage, it remains on the alert

Federal Newscast

The road to electrifying America’s personal vehicles starts with the USPS EV fleet

Management

Congress tackles spending, policy and candidate protections on the road to the August recess

Congress

What does a Chained Consumer Price Index mean for COLAs?

Though the Defense Department managed to go unscathed through the Crowdstrike outage, it remains on the alert

The road to electrifying America’s personal vehicles starts with the USPS EV fleet

Congress tackles spending, policy and candidate protections on the road to the August recess

Top Stories