W2r, You work for the federal government, no?
Was this COL increase in addition to a regular salary increase? That would certainly make the recent inflation more palatable.
True!
I was referring to the yearly increase that all federal employees got, which I believe is not technically a COL increase but in reality functions as such. On a nationwide average we were given 3.5%, but here in New Orleans we only got 2.99% because New Orleans is in the "Rest of the U.S." category; people in places like D.C., S.F., and Houston got more because of "locality pay".
But, you are right - - I also got a step increase that not everyone would be getting, so overall my salary went up 6.2%, plus I got a substantial cash award for exceptional performance that raised my yearly compensation another percent or two on top of that. Then there is the economic stimulus payment I am expecting, too! Overall, I am doing even better than I indicated.
Basically, I have been very fortunate. Other than some initial sticker shock I am not as seriously impacted by increasing oil and food prices as some people may be.
OH - - and another thing. Yesterday at the grocery store I got the brown rice that I like, that my store was out of last time.
So, the rice shortage is not affecting me either. I only got one box, to be a good citizen and not hoard.