
#MILITARY COUNTDOWNS DRIVERS#

Are you planning to fly domestically or visit a Federal facility after May 3, 2023?.The Mary River turtle is a cloacal ventilator, meaning it breathes oxygen through its anus. But this is now, and based partly on the fact that the year to year increase dropped from 8.5% in March to 8.3% in April. Currently some specialists who track it say the COLA could come in around 6%. That will be computed and announced in early October. That’s as determined by the Labor Department’s Consumer Price Index for urban wage earners based on the rise of living costs from the current third quarter (July, August and September) over the third quarter for the previous year. The January inflation catch-up will be determined by the official rate of inflation. In addition, Bryan Murphy, senior director at CyberArk, will provide an industry perspective. Insight by CyberArk: During this exclusive CISO Handbook webinar, moderator Justin Doubleday and guest Ross Foard, ICAM subject matter expert with CISA will explore how ICAM factors into zero trust and other modern security practices. As always the final amount will be a political-fiscal decision. House Democrats are pushing for a 5.1% pay raise next January. The White House proposed a 4.9% increase for all feds except those capped at different steps of GS-15 in many cities.

For others it will be a financial exercise in treading water. For some it will be one step forward, two steps back.

The inflation-adjustment for retirees (FERS, CSRS, Social Security and military) COLA is likely to be higher - as a percentage - than any federal civilian or military pay raise. And that’s mixed good news, as always, because the inflation rate (currently 8.3%) is going to eat into whatever percentage amount federal, military and Social Security retirees get next year. So while it’s too early to be forecasting the precise 2023 final numbers, it is very likely both will be the highest in years. For a variety of reasons everything from luxury items to basics - eggs, cereal, medicine and cars - is going up.
#MILITARY COUNTDOWNS PLUS#
Maybe plus some, just to keep pace with inflation reflected in everything from gasoline and rent to bagels and baby food. The less than good news is that workers and retirees will need every penny of the near-record raise and COLA. Maybe plus some, just to keep pace with inflation reflected. The good news is that the 2023 federal-military pay raise and the federal Social Security COLA could be the biggest in years! But if you are a likely recipient, you may want to wipe that smile off your face.
