Cost Of Living Increase For Postal Retirees

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1.2% COLA in 2021 for Federal Retirees and Social Security ...

https://www.fedsmith.com/2020/09/14/1-2-cola-2021-federal-retirees-social-security/

Sep 14, 2020 · For Federal Employees’ Retirement System (FERS) or FERS Special benefits, if the increase in the CPI is 2 percent or less, the Cost-of-Living Adjustment is equal to the CPI increase. If the CPI increase is more than 2 percent but no more than 3 percent, the Cost-of-Living Adjustment is 2 percent.

Retirees to Get Big Cost-of-Living Raise American Postal ...

https://apwu.org/news/retirees-get-big-cost-living-raise

Postal and federal workers who retired under the Civil Service Retirement System (CSRS) will soon receive the largest cost-of-living adjustment (COLA) in more than 25 years, and the COLA for the Federal Employee Retirement System (FERS) is its largest COLA ever, according to information released by the Department of Labor.

Most federal retirees and Social Security recipients to ...

https://www.washingtonpost.com/politics/most-federal-retirees-and-social-security-recipients-to-get-a-cost-of-living-adjustment/2019/10/10/45de1b9c-eb75-11e9-9c6d-436a0df4f31d_story.html

Oct 10, 2019 · Most federal retirees and Social Security recipients will get a cost-of-living adjustment Most federal retirees will receive an inflation adjustment to their monthly annuities of 1.6 percent in ...Author: Eric Yoder

Cost of Living Adjustment (COLA) - Federal Retirement

https://www.federalretirement.net/cola.htm

Sep 12, 2020 · Retirees receive one-twelfth of the applicable cost-of-living increase for each month, not to exceed 12 months, that they are in receipt of an annuity before December 1. To receive the full December 1 increase, a retiree's commencing date for retirement can be no later than December 31 of the previous year.

2021 COLA Watch: FERS / CSRS, Social Security Federal ...

https://www.myfederalretirement.com/fers-csrs-cola-watch/

Sep 15, 2020 · The 2020 cost-of-living adjustment (COLA) will be 1.6 percent for Civil Service Retirement System (CSRS) annuities, Federal Employees Retirement System (FERS) annuities and Social Security benefits. This is a lower federal retiree COLA than last year when CSRS annuitants received 2.8 percent and FERS annuitants received 2 percent.

Zero Retiree COLA Likely For 2021, Senior Group Predicts

https://www.myfederalretirement.com/no-cola-2021-prediction/

May 22, 2020 · Social Security benefits have lost 30 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power study released this month by The Senior Citizens League (TSCL). TSCL also estimates the 2021 cost-of-living adjustment (COLA) for Social Security benefits could be zero, based on consumer price index (CPI) data through April of this year.

Retirees American Postal Workers Union

https://apwu.org/retirees

The U.S. postal system was created by the 2nd Continental Congress on July 26, 1775. In August 1935 Social Security was created, then in July 1965, Medicare became law. Many of our retirees were postal workers during the Great Postal Strike of March 1970 that resulted in the Postal Reorganization Act of 1970, establishing the USPS.

COLA Increase Watch 2021 Military Benefits

https://militarybenefits.info/cola-increase-watch/

Oct 06, 2020 · “The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2019. ” ~ SSA statement

Retirement Info Center - OPM.gov

https://www.opm.gov/blogs/Retire/united-states-postal-service/

Current USPS retirees and employees who retired before June 3, 2011, will not be impacted by this announcement and there will be no negative impact on future postal employees’ retirement. While the matter is under consideration, it is our hope that the issue will be resolved as quickly as the law allows.