5 C.F.R. § 591.228 How does OPM convert the price index plus adjustment factor to a COLA rate?
Title 5 - Administrative Personnel
(a) OPM converts the price index plus the adjustment factor to a COLA rate as shown in the following table: (b) This section is applicable on an area-by-area basis beginning with the effective date of the results of the first survey conducted in each area. (c) OPM may reduce the COLA rate in any area by no more than 1 percentage point in any 12-month period. Any reduction in the COLA rate for any COLA area cannot be effective until the effective date of the first survey conducted in Hawaii and Guam and CNMI under these regulations.
Title 5: Administrative Personnel
PART 591—ALLOWANCES AND DIFFERENTIALS
Subpart B—Cost-of-Living Allowance and Post Differential—Nonforeign Areas
Cost-of-Living Allowances
§ 591.228 How does OPM convert the price index plus adjustment factor to a COLA rate?
------------------------------------------------------------------------ COLA rate subject to Price index plus adjustment factor paragraph (b) of this section------------------------------------------------------------------------Equal to or greater than 124.50........... 25 percent.Equal to or greater than 102.00 but less Price index plus the than 124.50. adjustment factor, minus 100, expressed to the nearest whole percent.Less than 102.00.......................... 0 percent.------------------------------------------------------------------------
