FERS + Debt + Retirement = Very bad idea!
Retirement with debt is a bad idea, especially if you are under the FERS program with its diet-COLA formula.
Retirement with debt is a bad idea, especially if you are under the FERS program with its diet-COLA formula.
Trick question: Who’s going to get the biggest pay raise next year: active-duty federal workers or federal retirees and folks who get Social Security?
The CPI-E Act would require federal retirement programs to use the Consumer Price Index for the Elderly (CPI-E) when calculating cost-of-living adjustments….
It could be a long time before federal workers see another January pay raise. But for retirees, things are looking up.