Federal Managers Association
In the News
- SSA ANNOUNCES 1.6 PERCENT COLA FOR 2020 - October 10, 2019
- Federal Retirees Will Get 1.6% COLA in 2020By Erich Wagner, Government ExecutiveRetired 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.