"...Federal employees and retirees are facing a cascade of tough decisions over the next month as they think about funding their benefit contributions.
Even if employees receive the President’s proposed increase of 1.0 percent across-the-board and 0.6 percent locality pay, benefit costs are increasing faster.
For retirees, the picture is worse as the current 2017 COLA appears to be coming in at the 0.2 to 0.3 percent range depending on the CPI index number to be announced October 18.
If you are lucky, that might translate to an extra $6 to $15 per month, depending on your present annuity..."
Read more at FedSmith.com
