"...With one month left in the cost-of-living countdown, federal and military retirees and people who get Social Security payments are due an inflation-catchup raise of 1.38 percent in January.
The tentative 2013 COLA of 1.38 percent isn't much. On the other hand, it is 1.38 percent more than active-duty federal workers will get as they enter their third year of a pay freeze imposed both by the White House and Congress...
David Snell, director of federal benefits services, for NARFE says:
"With the second of three months of relevant CPI reported ...it appears likely there will be a modest COLA to federal retirement annuities in January 2013"..."
