Fedweek

Three fourths of the way through the count toward the January 2018 federal retirement COLA, the count stands at 1.6 percent, following an increase in June of 0.1 percent in the inflation index used to set the COLA. Meanwhile, an SSA report has projected that the COLA will be 2.2 percent; that projection is for planning purposes only, however, and does not affect the actual calculation.