Federal Retirement News


Monday, September 14, 2020

1.2% COLA in 2021 for Federal Retirees and Social Security?

1.2% COLA in 2021 for Federal Retirees and Social Security?

Article Excerpt: "...We still do not know what the final figure will be that is necessary for calculating the COLA to become effective in December and paid in January 2021. A reasonable estimate is that the COLA that will impact federal retirees and Social Security recipients will be about 1.2%. This missing part of the puzzle for next year’s COLA will be released in October..."



Resource: www.fedsmith.com



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