Aug 30, 2016

Federal Retirement August Update



"...If you are just back — whether from an exotic vacation or an economical stay at home — welcome. You haven’t missed much. It won’t take long to bring you up to speed. So here it goes:

- With two months to go in the cost-of-living adjustment countdown, federal-military-Social Security retirees are looking at a very, very small COLA in January. The exact amount won’t be announced until mid-October. As of today, it stands at 0.23 percent.

- No new word on buyouts or early retirement offers.

- After four years in the works, the phased retirement program is up and running, in some places..."

Read more at FederalNewsRadio.com

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