FEDERAL RETIREES TO SEE 2 PERCENT COLA NEXT YEAR - October 13, 2017
Federal Retirees to Receive Biggest Cost-of-Living Bump Since 2012
By Amelia Gruber, Government Executive
Federal retirees will receive a cost-of-living adjustment of 2 percent next year, the largest boost since 2012.
The increase—which applies to all retirees receiving Social Security benefits and not just federal retirees—was welcome news to retiree advocates, coming off two years of minimal or no growth. Federal retirees received a 0.3 percent adjustment this year, and no cost-of-living increase in 2016.