2024 Cola Increase Opm. Cola adjustments will slim for federal retirees in 2024. The adjustment appears in your payment on the first.
The 2024 cola will be 3.2% and will. It is also less than the 2022.
The Increased Annuity Payments Begin In January In Any Given Year, So Federal.
The adjustment appears in your payment on the first.
Last Year, The Cola Was 8.7%โ The Highest In More Than 40.
However, we must prorate the first cola based on how long you were retired before the increase became effective.
2024 Cola Increase Opm Images References :
Federal Employee Pay Raises Vs.
For the year 2024, annuitants who retired under csrs will receive 3.2 percent increase and those who retired under fers will receive a 2.2 percent increase.
2024 Gs Pay Tables Now Available From Opm.
However, we must prorate the first cola based on how long you were retired before the increase became effective.