The Federal Employees Retirement System (FERS) is a retirement savings and pension plan for federal employees and members of the uniformed services. FERS replaced the Civil Service Retirement System (CSRS) in 1987.
COLA stands for cost-of-living adjustment. COLAs are increases in the amount of certain benefits, such as Social Security and federal retirement benefits, to keep pace with inflation.
The former football player who transitioned to constructing crossword puzzles for The New York Times after retiring from the National Football League in 2020 is Phil Simms. He played quarterback, primarily for the New York Giants, and led them to victory in Super Bowl XXI. His crosswords are known for their clever themes and challenging wordplay, often incorporating elements of sports and popular culture.
This career shift exemplifies the diverse interests and talents of professional athletes, demonstrating that their skills and dedication can be applied successfully to fields beyond the playing field. The transition also highlights the enduring popularity of crossword puzzles and their capacity to engage individuals from various backgrounds. Simms involvement brings a fresh perspective to the world of crossword construction and attracts a new audience to this intellectually stimulating pastime.
Military retiree pay raise 2025 refers to the annual cost-of-living adjustment (COLA) that is applied to military retirement pay. The COLA is intended to help retirees keep pace with inflation and maintain their quality of life. The 2025 raise is expected to be around 2.0%, which is in line with recent COLA increases.
The military retiree pay raise is important because it helps to ensure that retirees have a secure financial future. Retirement pay is often a significant portion of a retiree’s income, and it can be difficult to make ends meet if the pay does not keep pace with inflation. The COLA helps to protect retirees from losing purchasing power over time.