"...With one month left to go in the cost of living adjustment countdown, federal, military and Social Security retirees are braced for what could be an almost invisible COLA.
Something like $10.59 per month for the average retiree under the old Civil Service Retirement System and $4.07 for the average retiree under the FERS retirement program.
The amount of the January inflation catch-up won’t be determined until price data for this month (September) is compiled by the Bureau of Labor Statistics. The final COLA figure will be released Oct. 18..."
Read more at fedweek.com
