After the final quarter of 2020, the first quarter for the 2022 COLA adjustment period, the quarterly average has increased by 0.2%.
How the COLA is Calculated
The 2022 FERS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2021 over the 2020 third quarter average.
However, if the CPI-W quarterly average increases 3% or more, they subtract 1%. For example, a 5% increase in the quarterly CPI-W average results in a 4% adjustment. If the quarterly average increases from 2% to 3%, benefits increase by 2%. A CPI-W quarterly average increase of 2% or less will increase benefits by the change in the CPI-W quarterly average.
Past FERS COLA Adjustments
Year | FERS COLA |
---|---|
2021 | 1.3% |
2020 | 1.6% |
2019 | 2% |
2018 | 2% |
2017 | 0.30% |
2016 | 0% |
2015 | 1.70% |
2014 | 1.50% |
2013 | 1.70% |
2012 | 2.60% |
2011 | 0.00% |
2010 | 0.00% |
2009 | 4.80% |
2008 | 2.00% |
2007 | 2.30% |
2006 | 3.10% |
2005 | 2.00% |
2004 | 2.00% |
2003 | 1.40% |
2002 | 2.00% |
2001 | 2.50% |
2000 | 2.00% |
1999 | 1.30% |
1998 | 2.00% |
1997 | 2.00% |
1996 | 2.00% |
1995 | 2.00% |