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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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How is the Cost-of-Living Ad…
How is the Cost-of-Living Adjustment (COLA) determined? The U.S. …
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 …
Federal Retirees to See Largest Cost-of-Living Adjustment in …
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