Federal retirees to get 1.7 percent cost-of-living increase in 2015

Federal Times: Federal and military retirees will receive a 1.7 percent cost-of-living adjustment (COLA) starting in January, according to figures released Oct. 22 by the Bureau of Labor Statistics.

The COLA will also apply to tens of millions of recipients of Social Security and veterans benefits. The increase was 1.5 percent in 2014 and 1.7 percent in 2013.

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