Have questions about the CSRS Retirement Increase for 2022 in Norwalk CT? In October 2021 the Social Security Administration announced a 5.9% increase for the COLA adjustment in 2022. The Civil Service Retirement System (CSRS) is the federal government's retirement system. CSRS members' annual annuity has also been increased by 5.9%. We are the Federal Retirement Benefits Center (FRBC) and our goal is to help Federal Employees plan for retirement. We provide workshops and calcul
Below we have a table depicting the Federal Retiree COLA history from 1999 through 2018. Cost of Living increases are measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Social Security and Supplemental Security Income (SSI) benefits are adjusted to reflect any increase in the cost of living. The cost-of-living adjustment protects the purchasing power of Social Security and SSI benefits.