2024 Cola For Fers Retirees. The actual cola will be announced in october. A 2.6% cola applied to a $2,000 monthly social security benefit results in an additional $52 a month, assuming part of that sum isn't eaten up by medicare part b.

The increased annuity payments begin in january in any given year, so federal retirees. If the csrs cola increases between 2% and 3%, fers retirees receive a 2% cola.