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Source: Social Security Administration. Since 2014, the average COLA has landed at 2.6%. In some ways, it's a good thing that these adjustments are much lower than they were decades ago.
A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some...
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.
The NARFE National office is located in Alexandria, Virginia.NARFE is governed by the 12-member National Executive Board (NEB) which includes the National President, National Secretary-Treasurer, and ten regional vice presidents [6] (RVPs) who communicate their regions' concerns to the NEB and NEB decisions back to their state federations.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Social Security recipients will see their benefits rise 1.5% next year thanks to annual cost-of-living adjustments, according to an announcement earlier today from the Social Security Administration.
July 23, 2014 Federal Records Accountability Act of 2014: To improve Federal employee compliance with the Federal and Presidential recordkeeping requirements, and for other purposes. H.R. 5195: July 24, 2014 Emergency Afghan Allies Extension Act of 2014: To provide additional visas for the Afghan Special Immigrant Visa Program, and for other ...
Defense spending will rise gradually from $593 billion in 2014 to $714 billion by 2023, an annual growth rate of 2.1% during the 2014 to 2023 period and 0.6% for the 2012-2023 period. The 2.1% growth rate approximates CBO's projected rate of inflation and is well below the annual spending growth rate of 7.1% from 2000–2012.
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