Federal Retirees Are Set to Receive the Highest COLA in Decades
In 2023, beneficiaries of the Civil Service Retirement System will receive defined benefit pension payments that are 8.7% higher than those of the Federal Employees Retirement System, who would only experience a 7.7% increase. Also Read:- President Biden to Announce New Actions to Strengthen U.S. Energy Security, Encourage Production, and Bring Down Costs The Social…