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Your COLA for 2014: Higher or Lower than in 2013?
The cost-of-living adjustment in government benefits, including Social Security and federal retiree COLA payments, for 2014 is more than likely to be 1.5 percent. That figure is based on a recent estimate from the Congressional Budget Office. The COLA for 2013 was 1.7%. There was no COLA in 2010 and 2011 but in 2012 there was a 3.6% COLA for employees under the Civil Service Retirement System (CSRS) for those who had been receiving benefits for at least one year...Read More
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