By Reg Jones
VERA and cost-of-living adjustment
June 29th, 2012 | Uncategorized
Q. I am considering taking the Voluntary Early Retirement Authority that has been offered to Postal Service mail handlers for Sept. 1. I am in FERS. Is there a cost-of-living adjustment? If so, when would I receive the increase and at what percentage?
A. As a rule, FERS retirees don’t receive cost-of-living adjustments until they reach age 62.
Tags: cost-of-living adjustment, FERS, Postal Service, VERA
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