Starting in January, most retirees under the Civil Service Retirement System (CSRS), who also are enrolled in Medicare Part B, could see a 52% jump in their monthly Medicare premiums.
With businesses learning that traditional performance appraisal processes are bad for business, the author says that it is time to admit they are bad for government too. He explains his reasoning for this opinion and provides suggestions for improving the process.
The author says that unions, like the people they represent, come in a lot of flavors. He describes some of his own experiences which highlight both the good and the bad when it comes to unions and also says that the right leadership in agencies and unions can be a force for real progress.
Is it worth moving from your job with the federal government to one with the private sector? While there are many variables to consider, the author looks at the financial considerations by way of an example with some hypothetical salary figures.
The author says there are a lot of myths and misconceptions regarding the federal retirement system and benefits for federal workers. He provides an example he recently saw firsthand when providing financial advice to a couple of long time federal employees.
Most federal employees are aware that, in order to carry your FEHB into retirement, you have to have been enrolled for the five-year period immediately preceding retirement (with few exceptions). There is generally a great advantage in being able to carry your FEHB into retirement, but there are some things to keep in mind in order to be able to do this.