The Elder Firm, LLC - Nathan J. Forck, Attorney

Wednesday, October 17, 2012

Federal retirement COLA of 1.7 percent announced (Washington Post)

"Federal retirees will receive an inflation adjustment of 1.7 percent in January, translating to about a $50 increase in the average monthly payment under the annuity program for most of them.
The increase, based on an inflation measure announced Tuesday, mirrors the cost-of-living adjustment (COLA) to be paid to Social Security beneficiaries."


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