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0.3 percent COLA increase for federal retirees and Social Security recipients in 2017

from FedSmith.com

The cost of living adjustment for many federal retirees and Social Security recipients did not go up in 2016. The news for 2017 is a little better but, overall, federal retirees will still see their overall income go down. The COLA increase for 2017 will be 0.3 percent. This will be the smallest increase on record with the exception of the several years without any COLA increase. more


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