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The COLA Deadline

About 2 pages (610 words)

The Washington Post, October 8th, 1997

There's bad news for federal workers planning to depart so they can cash in on the 1998 cost-of-living adjustment that will go to all federal retirees. If you are trying to figure the best way to snag the coming COLA (of at least 2 percent) be advised that you've already missed the boat. Or most of it. Although the raise won't go into effect until January, and the final amount is still uncertain, the deadline for getting a full COLA already has passed for current workers. That's because the COLA is for people who already are retired, not for folks who are still thinking about retirement. Decem...

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Mike Causey. The Washington Post, October 8th, 1997. The COLA Deadline. Content provided by HighBeam Research.



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