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Cola Increase Projections For 2024 And Beyond

Cola Increase Projections For 2024 And Beyond. At this point, 2024 cola estimates are generally coming in within the 3% to 3.5% range. If the retirement annuity did not start by this date, the increase is prorated under both csrs and fers retirement plans.


Cola Increase Projections For 2024 And Beyond

This is the same as last month’s prediction. The latest forecast for the social security administration’s annual cost of living adjustment, or cola, has put the 2024 projection at less than 3% based on the may 2023 consumer price index.

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