National Active and Retired Federal Employees Association National Active and Retired Federal Employees Association NARFE
NARFE National Active and Retired Federal Employees Association

National Active and Retired Federal Employees Association
National Active and Retired Federal Employees Association
National Active and Retired Federal Employees Association
Disclaimer: Appearance of Google Ads does not constitute an endorsement by NARFE of the products or services offered.
NARFE
This site has been visited
18345899 times.
Last update: 11/20/2009.

   
 
OCTOBER INFLATION RISES 0.1 PERCENT


The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 0.1 percent in October 2009 according to the Bureau of Labor and Statistics (BLS). Released on November 18th, the CPI-W for October is 211.5. For purposes of calculating the next COLA (cost-of-living adjustment) the index is currently 1.9 percent below the 2008 third quarter average (due to price deflation, in the past measurement year, the 2008 third quarter average is still the point of comparison) base index of 215.5.  November consumer prices indices will be released on December 16, 2009.

Benefits awarded under the Federal Employees Compensation Act (FECA) to individuals who left the workforce due to work-related injuries or illnesses are adjusted according to each calendar year’s percentage change in the CPI-W and payable in the following year’s month of April. October’s index is 3.3 percent higher than the December 2008 base of 204.8.  

CPI-W

 Monthly % Change % Toward Next COLA
Oct.

211.5

0.1

-1.9

 
National Active and Retired Federal Employees Association
  This is the only Web site that reflects the official opinions and positions of the National Active and Retired Federal Employees Association (NARFE). Opinions and/or positions that appear on any other site bearing NARFE's name or seal are not necessarily those of NARFE.  
NARFE