COLA Count Comes Down to Wire

With one month left in the counting period for the January 2007 federal retiree COLA, the figure stands at 3.6 percent, following an increase of 0.2 percentage points in August in the inflation index used to set the COLA. Those retired under the CSRS system would get the full adjustment while those retired under FERS and who are eligible for COLAs would get one percentage point less.