2002 cost of living increases in Social Security and federal civilian pensions

Official letter (https://www.dol.gov/sites/dolgov/files/ETA/advisories/UIPL/2003/UIPL22-03.html):

EMPLOYMENT AND TRAINING ADMINISTRATION ADVISORY SYSTEM
U.S. Department of Labor
Washington, D.C. 20210
CLASSIFICATION: OWS
CORRESPONDENCE SYMBOL: DUIO
DATE: March 26, 2003

UNEMPLOYMENT INSURANCE PROGRAM LETTER No. 22-03
TO: ALL STATE WORKFORCE AGENCIES
FROM: CHERYL ATKINSON /s/, Administrator, Office of Workforce Security
SUBJECT: Increase in Social Security Annuities and Federal Civilian Pensions
RESCISSIONS: None
EXPIRATION DATE: January 2004

1. Purpose. To announce the increases in social security annuities and federal civilian pensions due to annual cost of living adjustments (COLAs).

2. Background. The 2002 COLA of 1.4 percent for social security survivors and old age retirement annuities was effective December 1, 2002. The 1.4 percent was included in the January 2003 social security annuity payment, which the Social Security Administration issued on December 30, 2002. (See Federal Register, Vol. 67, No. 207, October 25, 2002, Notices 65620-65625.)

Federal civilian retirees under the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) received COLA increases of up to 1.4 percent in their annuities. Both CSRS and FERS COLA increases were effective December 1, 2002, and were payable in the January 2, 2003, annuity check.

The COLA of federal civilian retirement annuities is prorated as follows:

Cost of Living Adjustment Amounts by Month Annuity Began

3. Action Required. States with laws that provide for reduction of the weekly UI benefit amount by the prorated weekly amount of retirement pay and pensions should review the claimants' records to identify those who were affected by these COLA increases.

States should take action to make the appropriate deductions as required by state law based on the increased retirement or annuities amount.