The COLA for 2016 is estimated to be 2.28%. This is based on calculations using the BLS CPI tables but the official number will have to wait until the Actuary makes the calculation. OSA usually releases that figure in March.
|Consumer Price Index – Urban Wage Earners and Clerical Workers|
|Not Seasonally Adjusted|
Calculation: (743.051/726.470 – 1)*100 =2.28%Follow us on Facebook