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  • A LOOK AT THE ODDS OF A FEDERAL PAY RAISE AND A COLA - June 2, 2016
  • On a clear day, you can see your pay raise; COLA outlook cloudy

    By Mike Causey, Federal News Radio

    Federal workers and federal retirees hoping to have a little more spendable income in 2017 will learn how much — if any — that will be at about the same time. The final numbers that determine if there will be a cost-of-living adjustment (COLA) for retirees will be available in mid-October. That’s about the same time that feds will have a clearer view of what’s in store for their paychecks in January.

    Non-postal feds who are still on the job have good reason to hope for a pay raise, as Federal News Radio’s Meredith Somers reported earlier. Federal retirees are hoping to end the two-year slump with a COLA. But the outlook isn’t good.

    To read the full article, please click here.

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