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Federal Managers Association

In the News

  • Monday, September 19, 2016
  • FEDS LIKELY TO SEE 2017 COLA - September 19, 2016
  • Outlook Is Decent For a 2017 COLA

    By Kellie Lunney, Government Executive

    There is still a decent chance federal retirees will see a 2017 cost-of-living adjustment, based on the latest data released on Friday.

    The Bureau of Labor Statistics announced the Consumer Price Index for August on Sept. 16, which includes data critical to the COLA calculation. The annual COLA for all retirees is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which measures price changes in food, housing, gas and other goods and services. The CPI-W rose 0.1 percent in August, and the index has increased 0.7 percent over the last 12 months to an index level of 234.909.

    To read more please click here

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