Cola For 2024 Federal Retirees. February 9, 2023 1:32 pm. Those in the fers retirement system will receive 2.2% instead of 3.2%.
The amount of the 2024 cost of living adjustment (cola) will be announced on october 12, 2023. There was a lower 3.2% cola increase for social security in 2024.
Cola Adjustments Will Slim For Federal Retirees In 2024.
Fers cola rate for the year equals:
The Amount Of The 2024 Cost Of Living Adjustment (Cola) Will Be Announced On October 12, 2023.
Some 2024 changes that may benefit federal employees and retirees.
Certain Retirees, Like Disability, Survivor, And Other Special Provisions, Have Different Cola Entitlement Rules.
Images References :
The Inflation Seniors Experience Is Different From The Numbers Used For The Cola.
2024 gs pay tables now available from opm.
Last Year, The Cola Was 8.7%โ The Highest In More Than 40 Years.
Federal employee pay raises vs.