Oct 13, 2017
Federal Retirees will Receive 2% COLA for 2018
"...Millions of Social Security recipients and other retirees will get a 2 percent increase in benefits next year. It's the largest increase since 2012 but comes to only $25 a month for the average beneficiary.
The Social Security Administration announced the cost--of-living increase Friday.
The COLA affects benefits for more than 70 million U.S. residents, including Social Security recipients, disabled veterans and federal retirees..."
Read more at ABC News
Jul 27, 2017
Prognostication for 2018 COLA
"...How big will the COLA be for retired federal employees and Social Security recipients in 2018? Will current federal employees receive more or less than the 2018 COLA?
As of July, the relevant figure for the 2018 COLA increase is 1.6%. That is not the final amount that will be applicable in January 2018.
The cost of living adjustment (COLA) for Social Security recipients and federal retirees has averaged about..."
Mar 22, 2017
2018 May be Largest Retiree COLA in years
"...While many federal workers are sweating the prospect of budget and program cuts, downsizing and wondering if there will be a 2018 — assuming they still have jobs — retirees are in a different place.
They are safe from program and budget cuts but always concerned about prices — especially for things (like medicine) that retirees generally spend more for than regular workers. The good news for the retired folk is that there is a faint pulse in the cost-of-living adjustment (COLA) financial lifeline. Faint, but there.
With only seven months to go in the COLA countdown, federal, postal and military retirees and people who receive Social Security are in line for a 1.03 percent inflation adjustment in January 2018..."
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