News & information

Accumulation toward 2015 retiree COLA

The accumulation toward the 2015 COLAs for CSRS and FERS was 1.6 percent following the Sept. 17 release of the CPI for August. The 2015 COLA will be based on the increase in the average CPI between the 3rd quarter of 2013 and the 3rd quarter of 2014.

CSRS annuities receive full COLAs; COLAs for FERS annuities are payable for retirees 62 and older and may be reduced by up to one percentage point from the increase in the CPI.