OPM calls temporary time and other time for which retirement deductions were not taken “deposit service”. Under FERS, deposit service will not count for either your eligibility to retire or in the computation of your annuity unless you make a deposit. The author provides examples of both deposit and re-deposit service to illustrate the impact they have on your pension.
An aging population of federal employees means that many are leaving federal service due to retirement. The National Active and Retired Federal Employees Association (NARFE) argues that this means there could be a damaging loss of institutional knowledge these federal workers take with them. However, the author points out that the turnover rate among federal employees is very low compared to the private sector and says that the loss of institutional knowledge from retiring federal workers might not be as bad as NARFE is projecting.
The author says that in addition to burning the government’s borrowed money, a shutdown will harm businesses large and small, take money out of the pockets of working men and women, reduce tax revenues, disrupt communities, and generally make a mess.
With all the hoopla and controversy about holding Federal employees accountable, a simple straight forward process exists to terminate Federal employees for a number of legitimate reasons within an Agency’s control. The author will provide a brief description of the process and suggest how Agencies that aren’t using it now can take advantage of the option.
Rep. David Schweikert (R-AZ) has introduced legislation that would require some federal agencies to sell cars that they own and encourage federal employees to instead use ride-sharing companies such as Uber or Lyft for their transportation needs.
The author lists five insurance options federal employees should consider when leaving federal employment, whether for retirement or for other reasons.
Legislation has been introduced in Congress to ensure that there is only one local wage area within a locality pay area. What impact would this legislation have on federal employees’ pay if it were enacted, and what brought about the introduction of the legislation? The author explains what you need to know.