Expert’s View: Tasty COLAs for 2006

If you are a CSRS retiree and have been retired for at least one year, you’ll receive the full COLA of 4.1 percent in your January 2006 annuity payment, while those eligible under FERS will receive 3.1 percent, writes benefits expert Reg Jones. “Anyone retired for a shorter period off time will receive proportionately less,” he writes. You’ll find his column at fedweek.com/experts