Showing posts with label Federal Pay Raise and COLA. Show all posts
Showing posts with label Federal Pay Raise and COLA. Show all posts

Friday, April 4, 2008

Federal Pay Raise and COLAs

Pay Raise & COLAs "...The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 0.5 percent in January 2008 according to the Bureau of Labor and Statistics (www.bls.gov/cpi or 202/691-6994). Released on February 20, the CPI-W for January is 206.7. For purposes of calculating the next COLA (cost-of-living adjustment) the index is currently 1.5 percent above the 2007 third quarter average base index of 203.6..."
[Reference: www.federalnewsradio.com]

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