Monday, August 20, 2012

Federal Retirement and your COLA

Pay Raises and COLAs

Article Excerpt: "...The announcement of the 2012 COLA for retirees is made in mid-October. To constrain retirement costs, Congress has placed restrictions on COLAs to FERS retirees. FERS provides COLAs to retirees younger than age 62 only if they are subject to special provisions..."



Resource: www.govexec.com