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Federal Managers Association

In the News

  • Thursday, October 10, 2019
  • SSA ANNOUNCES 1.6 PERCENT COLA FOR 2020 - October 10, 2019
  • Federal Retirees Will Get 1.6% COLA in 2020

    By Erich Wagner, Government Executive

    Retired federal workers will receive a cost of living adjustment of 1.6% to their defined benefit pensions next year, according to an announcement from the Social Security Administration.

    The increase, which also applies to recipients of Social Security benefits, is a downgrade from the 2.8% increase some federal retirees received in 2019, and the 2% boost they saw in 2018.

    To read the full article, please click here.

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