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A lesser-known basis for a denial of a Federal Disability Retirement application is what is called “situational disability.” The author explains what this means and why most situational disability cases are failed applications at the outset as well as how to avoid them.
Many federal employees are being forced to consider the prospects of private sector employment or retirement due to a variety of reasons these days. Do you keep an eye on what life could look like when you move on?
The author says that the chained CPI which the president recently dropped from his budget proposal would actually have been a good thing because of its potential to help with reducing the national debt. He notes that the actual cost to federal retirees from the chained CPI would have been less than the cost of a pizza each month and illustrates its financial impact for federal pensioners.
As a general rule, your military service in the Armed Forces of the United States is creditable for federal Civil Service Retirement purposes as long as certain conditions are met. There is an exception, however, which the author explains.
Those who work for the federal government have constant uncertainty regarding the status of their pensions. The author offers some details about what one’s pension might look like under the increased contribution rates that Congress recently passed.