Similar Stories to Federal Retirement Cola Of 1.7 Percent Announced on Bing News

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.

Topics:  january   cola   social security   federal   percent   announced   increase   adjustment   inflation   
BING NEWS:
  • The 2025 Social Security COLA Was Announced in October. Here's What That Means for Retirees.
    Technically speaking, this is the 2024 COLA, as it goes into effect in December 2024. However, because Social Security is paid a month in arrears, this increase will be reflected in the payment that ...
    12/30/2024 - 9:31 pm | View Link
  • Increased Social Security Payment of Up to $967 to Be Paid This Week
    The SSA recommends waiting three working days before contacting the agency if your payment does not arrive on the expected date. Federal holidays and weekends are not working days ...
    12/29/2024 - 8:31 pm | View Link
  • Social Security 2025: Here's What the COLA Increase Means for Your Wallet
    Social Security COLA increase goes into effect in just a few weeks. Here's what it means for your monthly check going forward.
    12/25/2024 - 9:58 am | View Link
  • Can Somerset County retirees get COLA, if so, why not?
    The possibility of an adjusted COLA for county retirees was discussed but was not included in the 2025 proposed budget.
    12/22/2024 - 11:59 pm | View Link
  • Social Security Gets a Shake-Up in 2025, and 3 Changes May Surprise Retirees
    In 2025, Social Security recipients will receive a 2.5% COLA. That is the smallest benefit increase since 2021 because inflation has trended downward. The chart shows how much additional monthly ...
    12/19/2024 - 7:30 pm | View Link
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