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Posted on Thursday, 12th June 2025 by Dennis Damp

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This year’s 2.5% COLA for Social Security and the Civil Service Retirement System (CSRS) and 2.0% for Federal Employees Retirement System (FERS) decreased from the 2024 COLA of 3.2% % CSRS and 3% FERS. The 2023 COLA was the highest in over 40 years at 8.8% for CSRS and 7.7% for FERS employees. Even though […]

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Posted on Friday, 24th January 2025 by Dennis Damp

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For those planning their retirement, it’s a good time to assess where you are financially long before filing your retirement paperwork. Federal employees received an overall 2 percent pay raise, factoring in locality pay. The 2025 pay charts are available for your review. Sign up for a complimentary retirement planning session and a FREE retirement planning […]

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Posted on Friday, 15th September 2023 by Dennis Damp

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According to Wilbert J Morell III, a retired Navy Engineering Project manager, “based on the September economic outlook, the CPI-W is expected to increase above 0.6%, Wilbert predicts the Social Security & CSRS COLA will be 3.4% and the FERS COLA 2.4%.” The estimates increased about a half of a percent since our first article […]

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