Cost of living allowance is to keep up with increases in actual expense cost. It’s not a raise. It’s a term of pension & benefits. It must be computed to actually result in an increase in income or be equal to the increased cost of health & life insurance. No cuts to income The purpose of COLAs so people’s fixed income is not cut. For the past 3 years, my income was cut annually to pay increases in health insurance premiums.
Federal employees retirees & Social Security recipients cannot afford this. Research the purpose of COLAs. The president & Congress don’t.