Your COLA Increase in 2016 Will Be: Zero
It isn’t official yet, but there will not be a cost of living adjustment in 2016. Adjust your budget accordingly.
It isn’t official yet, but there will not be a cost of living adjustment in 2016. Adjust your budget accordingly.
An article describes the federal government as “an elite island of secure and high-paid employment, separated from the ocean of average Americans competing in the economy.”
As a result of a Supreme Court decision issued in June that allows same-sex couples to marry in all states, OPM notes that agencies are no longer allowed to add children of same-sex domestic partners to FEHB enrollments.
Stocks have just experienced their worst quarterly returns since 2011. TSP funds reflect this market action, and all of the TSP stock funds are down for September and for the year to date.
Federal employee health insurance premiums in 2016 will see their largest increase in five years. Here is a summary and how those electing self plus one may fare next year.
In addition to the regular open season, OPM has announced a limited enrollment period for enrolling in the new self plus one program (with restrictions).
Health insurance premiums for 2016 may go up about 7% for 2016. But, for those in new self plus one option, costs may decrease about 6% according to a government estimate.
How much of a COLA increase will federal retirees have in 2016? Any increase at all is looking highly unlikely.
Federal employee unions have become a target in the presidential campaign, and one candidate is proposing to eliminate the ability of federal employees to join unions. Here is a summary of the proposals and how much federal employee unions have contributed to politicians.
Many Americans are ignorant about our history. A facility in Wyoming brings to life the sacrifices and hardships from the 500,000 pioneers who crossed the country on foot, in covered wagons and on horseback to settle the West.