Opm Cola 2024 Increase Announcement

Opm Cola 2024 Increase Announcement. The 2024 cola will be 3.2% and will take effect. The annual announcement that some retired federal workers will receive a 3.2% increase in their annuity payments, while.

31, 2022, they would have received 11/12 of the 3.2% cola, or a 2.93% increase, on jan. To receive the full cola for 2024, a federal retiree’s annuity or a survivor annuity must have started no later than december 31, 2022.