OPM Retirement Services.

As you welcome in 2024, we would like you to know the following important information regarding your annuity:

Cost of Living Adjustment (COLA)

Civil Service Retirement System (CSRS) annuitants and survivors and eligible Federal Employees Retirement System (FERS) retirees and survivors will receive a COLA effective December 1, 2023. The increase will be reflected in your January 2, 2024, payment. CSRS annuitants will receive a 3.2% COLA and eligible FERS annuitants will receive a 2.2% COLA.