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Federal, military and Social Security retirees were delighted last month when it appeared they were on track for a January cost of living adjustment of around 3.3 percent, but Senior Correspondent Mike Causey says living costs are down, believe it or not, and the COLA may be in danger of stalling.
A reduced COLA may be part of the debt ceiling negotiations. Arthur Stein is a certified financial planner and he tells you what you need to prepare for.
SPC certified financial planner Arthur Stein tells us how much more you could be looking at in your wallet.
With 4-months to go in the cost of living adjustment countdown, Senior Correspondent Mike Causey reports federal, military and Social Security retirees are in line for a 3.5 percent raise. What has to happen between now and October?
People who get civil service, military or Social Security retirement benefits are in line for a cost of living adjustment next year in the 3 percent range. But will Congress try to freeze, lower or delay that long-awaited COLA? Senior Correspondent Mike Causey says it\'s happened before....
The all-important pay and benefits package of federal and postal workers, and retirees, is under attack as never before. And while it is way too soon to panic, Senior Correspondent Mike Causey says you need to run down a checklist to see where things are. We\'ve got a team of experts standing by.
Members of the U.S. Postal Service\'s largest union voted Thursday to accept a new contract that includes a 3.5 percent raise and cost-of-living adjustments over four years.
Even the most rational, self-controlled federal and postal workers sometimes have nightmares about their jobs. Senior Correspondent Mike Causey says chief among them is the fear that Uncle Sam is going to change the rules, drastically reducing lifetime retirement payments.
Did you ever think you\'d live (and work) long enough to the point where a pay freeze of \"only\" 3 years would come across as good news? Senior Correspondent Mike Causey says these may be the good old days right now.
Federal and military retirees have been on a no-calorie diet for the past two years. But they may be in line for a cost of living adjustment in January 2012. Senior Correspondent Mike Causey crunches the numbers.
Most individuals have a time period they consider the good old days...when kids were kids...people didn\'t lock their doors. But Mike Causey says that for many federal workers the good old days didn\'t last very long because they only included last weekend!
Just when it looked like federal workers have hit rock bottom, it turns out that two big chunks of the government family may be in for some good news. Senior Correspondent Mike Causey says there may be pay raises for some postal workers and the return of the COLA for retirees.
For bureaucrat-bashing members of Congress, March can be the cruelest month. Senior Correspondent Mike Causey says that\'s especially so this year with a massive grassroots lobbying effort going on right now on Capitol Hill.
If you are a government or military retiree, odds are your retirement check for January was a little light. So what happened? Senior Correspondent Mike Causey says you can blame your benefit cut on the lame duck Congress, but relief is on the way.