Historical Federal Employee Cost Of Living Increases

Searching for Historical Federal Employee Cost Of Living Increases information? On our website, we have collected a lot of different data on the cost of living. You will find links to both official statistics and people's impressions. Below are the most relevant links to Historical Federal Employee Cost Of Living Increases data.

Federal Employee Pay Raises and Inflation - FedSmith.com

https://www.fedsmith.com/2018/09/10/federal-employee-pay-raises-inflation/

Sep 10, 2018 · "Federal workforce pay raises have varied in size through the years, ranging from 10.9 percent under President Nixon in 1972 to 1 percent in 2015 (and a pay freeze for three years from 2011-2013). [Obama] In fact, the highest average federal pay raises (over 6 percent per year on average) were during the Nixon administration from 1969-1974."

General Schedule Pay Raise History

https://www.federalpay.org/gs/raises

General Schedule (GS) Pay Raise History Each year congress decides whether or not to raise the General Schedule (GS) pay scale, which applies to nearly 3 million federal employees across the 15 Federal Departments and numerous independent agencies. Pay raises are typically 1-3%, although pay rates may be frozen during difficult economic times.

Cost-Of-Living Adjustments

https://www.ssa.gov/OACT/COLA/colaseries.html

The first COLA, for June 1975, was based on the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the second quarter of 1974 to the first quarter of 1975. The 1976-83 COLAs were based on increases in the CPI-W from the first quarter of the prior year to the corresponding quarter of the current year in which the COLA became effective.

CRS Details COLA Formula, Past Increases

https://www.fedweek.com/issue-briefs/crs-details-cola-formula-past-increases/

Dec 26, 2019 · 2.0% to 3.0% 2.0%. More than 3.0% Increase in CPI-W minus 1 percentage point. From the third quarter of 2018 (the current base year) to the third quarter of 2019, the CPI-W increased …

Federal Retiree COLA History Federal Retirement Benefits ...

https://federalretirementbenefitscenter.com/federal-retiree-cola-history/

Cost-of-Living Adjustment. Below we have a table depicting the Federal Retiree COLA history from 1999 through 2018. Cost of Living increases are measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Federal Retiree COLA History: CSRS COLA and FERS COLA

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

24 rows · Jan 01, 2020 · Federal Retiree COLA History Year CSRS COLA FERS COLA 2020 1.6 1.6 …

Cost of Living Adjustment (COLA) 2020 Federal FERS ...

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

Sep 12, 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 …

Federal Pay Raises Through the Years - FedSmith.com

https://www.fedsmith.com/2014/03/11/federal-pay-raises-through-the-years/

Mar 11, 2014 · There was plenty of room in the budget for a pay increase for federal employees. In 1972, Nixon easily won re-election and federal employees received a pay increase of 10.9%. President Nixon’s action taking the U.S. off of the gold standard was a factor leading to …

Cost-of-Living Adjustment (COLA) Information SSA

https://www.ssa.gov/cola/

Cost-of-Living Adjustment (COLA) Information for 2020 Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 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.

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

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

Sep 15, 2020 · The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.4 percent over the last 12 months to an index level of 253.597 (1982-84=100). according to the Bureau of Labor Statistics. For the month of August 2020, the index rose 0.4 percent prior to seasonal adjustment.