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8.7 percent cola for csrs annuities, social security benefits in 2023; An 8.7% increase in the 2023 cola would translate into an average monthly increase of $144.10, cbs news reported. The december inflation figure meanwhile brings the count toward the january 2023 federal retirement cola to 2 percent through three months.
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Civil service retirement system (csrs) annuities and social security benefits will. 2023 cola count slight decline for 2023 cola count through august social security’s historic 2023 cola comes with a silver lining 2023 cola count up to 3.9 percent. The inflation index used to set federal retirement colas fell by 0.2 percentage points in august, a second decrease so far in the measuring period toward the january 2023.
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