Tuesday, October 16, 2012

Retirement COLA 2013

Government to Release COLA on Tuesday

"... Federal retirees will find out Tuesday the amount of next year’s Social Security cost-of-living adjustment. The Bureau of Labor Statistics will release September’s inflation numbers Oct. 16, the final data point needed to calculate the 2013 COLA. The increase is likely to be in the neighborhood of 1.4 percent, which is much smaller than this year’s 3.6 percent bump ..."   

Reference: Federal Retirement News

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