John Grobe is President of Federal Career Experts, a consulting firm that specializes in federal retirement and career transition issues. He is also affiliated with TSP Safety Net. John retired from federal service after 25 years of progressively more responsible human resources positions. He is the author of Understanding the Federal Retirement Systems and Career Transition: A Guide for Federal Employees, both published by the Federal Management Institute. Federal Career Experts provides pre-retirement seminars for a wide variety of federal agencies.
I understand that there is often a “best date” to retire to maximize one’s pension, but I want to retire in the middle of December 2017 to take my family on vacation. What effect will that have on my FERS pension?
FedSmith.com author John Grobe recently stated that TSP annuities are one of the least popular withdrawal choices for plan participants. One user wanted to know why this was the case. Here is his answer.
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what the TSP rate is offering (which is of course much lower).
There is a common belief that Members of Congress have a special pension that will pay them their full salary as a pension for as little as five years of Congressional service. Is this really true?
The Federal Employees Health Benefits program is one of the best benefits available to federal employees and retirees, and it can be carried into retirement after leaving federal service. The author describes some of the changes one can expect when carrying FEHB into retirement.