Federal Retirees Are Set to Receive COLA | CSRS vs. FERS

  Federal Retirees Are Set to Receive the Highest COLA in Decades, But Some Will Get Less Than Others

“While CSRS annuities and Social Security benefits will be going up 8.7%, the January 2023 COLA unfortunately will be 7.7% for those who retired under the Federal Employees Retirement System,” said Ken Thomas, national president of the National Active and Retired Federal Employees Association. ..."

Reference: www.govexec.com