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Will There Be a COLA Increase in 2017 for Federal Retirees?

'...Social Security benefits and federal retirement benefits did not go up in 2016. This was obviously bad news for retirees who rely on their monthly checks for a big part of their overall income. No COLA increase resulted in millions of Social Security recipients, disabled veterans and federal retirees paying for increasing food and other costs with the same income they had in the previous year. To add insult to injury, medical costs and medical insurance also went up, so these extra costs also had to be absorbed with the same income as the year before...'

Reference: www.fedsmith.com
Tags:2017 Federal Employee COLA, 2017 Federal Employee Pay Raise,

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