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- In 2021, federal retirees can expect a COLA of 1.3%. This is determined by an automatic formula and was announced in October. The federal pay raise, however, is determined by a political process by Congress and the president.www.fedsmith.com/2020/12/31/federal-employees-2021-pay-raise-finalized/
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FAQs and answers about cost-of-living adjustments (COLA) for federal …
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living adjustment (COLA) effective December 1, 2020. The increase is paid …
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WebDec 31, 2020 · In 2021, federal retirees can expect a COLA of 1.3%. This is determined by an automatic formula and was announced in October. The federal pay raise, however, is determined by a political process by …
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WebNov 14, 2021 · Under Republicans: 4.05% Under Democrats: 3.65% 2021 Inflation Rate and Its Impact on the Pay Raise & COLA. The reason for the differential is simple: Inflation is going higher and the COLA increase is …
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