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COLA countdown at 1.6 percent

from Federal News Radio

Federal, military and Social Security retirees are looking at a potential 1.6 percent cost-of-living adjustment in January 2018. The exact figure won’t be official until the Consumer Price Index for September is made available Oct. 13. This time last month, the COLA appeared to be 1.51 percent. But an increase of 0.09 percent in the Consumer Price Index-Workers in June pushed that amount up. more

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