GET INSTANT ACCESS

COLAs vs. Pay Raises:

How your pay changes as a retiree and as an employee

— but why you should never confuse the two!

In this session, we cover:

• PAY RAISES:  when, why and how they are applied – and what effect this has on your initial federal pension,
• COLAs: when, why and how they are applied – and what effect this has on how your federal pension changes over time,
• Current projections for 2021’s anticipated Pay Raises and how newly announced COLAs will be implemented, and
• The main differences between how each are applied to CSRS and FERS – and the often significant financial impact on each.