Federal Managers Association

In the News

• FINAL COLA NUMBERS TO COME OUT ON OCTOBER 15 - October 13, 2015

• We'll find out Oct. 15 if there's a 2016 COLA

  By Kellie Lunney, Government Executive

  On Thursday, October 15, the Bureau of Labor Statistics will release the final part of the equation that determines whether or not there will be a cost of living adjustment (COLA) for federal and military retirees. COLAs are determined by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). COLAs are determined by the average increases in CPI-W in the third quarter of the current year over the average of the third quarter when the last COLA was implemented. 

  To read the full article, please click here. 

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