"...Employees under Federal Employees Retirement System (FERS) will get 2.6% COLA if they have had benefits for at least one year.
OPM has issued official guidelines for how this will be applied to federal retirees.
The COLA is effective December 1, 2011 and is first reflected in the annuity payment dated January 3, 2012.
Federal Employees Retirement System (FERS) and FERS Special Cost-of-Living Adjustments are not provided until age 62, except for disability, survivor benefits, and other special provision retirements.."
Read more at fedsmith.com
