Tag: Benefits

Retirement Myths: Can You Increase Your FEGLI Coverage — or Not?

Filed in Headline Archives, News by on January 9, 2014

You may be able to acquire more FEGLI coverage by providing medical evidence of insurability or by experiencing a “qualifying life event” (QLE).

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About That Christmas Eve Holiday…

Filed in News by on December 23, 2013

Those who were hoping or planning for an extra day off on December 24th should just plan on coming to work that day or taking a day of annual leave instead.

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Postal Service Retirees, Medicare, and Implications for Other Federal Retirees

Filed in Headline Archives, News by on December 12, 2013

The Postal Service wants to put all retirees under Medicare in order to save billions of dollars. When this is considered by Congress, look out for a similar change proposed for the remainder of the federal workforce.

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Budget Agreement To Increase Pension Contributions for New Employees

Filed in News by on December 10, 2013

Pension contributions paid by federal civilian workers hired after January 1, 2014 would increase by 1.3% under the new budget agreement according to reports. It would also allow OPM to create a self-plus-one option in the federal employee health program.

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Sticking Point for Federal Budget: Federal Retirement Contributions

Filed in News by on December 5, 2013

A possible increase in federal employee retirement contributions has become a major sticking point in budget negotiations.

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Retirement Myths: The “Magic 85″ Formula

Filed in Headline Archives, News by on December 4, 2013

Can you become eligible to retire whenever your age and length of service add up to 85? The authors offer some details on this common retirement myth.

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Visiting a Social Security Office: Impressions from an Infrequent Visitor

Filed in Headline Archives, News by on November 27, 2013

Visiting a Social Security office as a customer could have been a dreadful experience but it was not. What to expect when you visit one of these offices and how to make your visit go more quickly and to help ensure your information is calculated quickly and accurately.

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Will I Get Both My Social Security and Federal Annuity COLAs?

Filed in News by on November 26, 2013

Several readers have asked if they will have a COLA applied to their retirement annuity and to Social Security. Readers have also asked about the Government Pension Offset and Windfall Elimination Provision. This information may be helpful in understanding these complex topics.

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