Projected Federal Cola For 2024. Inflation at 4% and next cola projection going down. As of now, tscl forecasts the 2025 cola will be 2.6%.
Some retirees were probably disappointed with the 2024 increase because of the larger increases in. The 3.2 percent increase was calculated by the.
As of now, tscl forecasts the 2025 cola will be 2.6%.
President biden has officially recommended a 5.2% federal pay raise for most civilian employees in 2024, including a 0.5% locality pay adjustment.
Actual 2024 federal pay raises for civilian employees will range from 4.7% to 5.7%, depending on where they work.
The 2024 cost of living adjustment (cola) for federal retirees was 3.2%.
