January Retirement COLA Set: 5.9 Percent for CSRS, 4.9 for FERS
Article Excerpt: "...Those retired under CSRS or CSRS Offset receive a COLA regardless of their age. However, those retired under FERS don’t receive COLAs until age 62...A 5.9 increase also will be paid on Social Security benefits. That’s primarily of interest to FERS retirees, for whom Social Security is a basic part of the retirement benefit..."
Resource: www.fedweek.com