Tag: Retirement

OPM Makes Noticeable Improvement in Reducing Retirement Backlog in April

Filed in Headlines, News by on May 5, 2016 Comments

OPM was able to process many more retirement applications in April than it received, helping to put a sizable dent in the outstanding backlog. Here are the latest figures.

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What is Worse Than No COLA? A Small COLA

Filed in Headlines, News by on May 3, 2016 Comments

What are the prospects for a cost of living adjustment (COLA) in 2017 and what are the implications for federal retirees? The author looks at the current situation.

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Fewer Americans Are Enjoying Retirement

Filed in News by on May 1, 2016 Comments

A recent study shows that, over the last several years, Americans are generally reporting less overall satisfaction with retirement.

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Special Supplement for Federal Employees Under FERS

Filed in News by on April 27, 2016 Comments

What is a “bridge” payment, and how can it help federal employees under the Federal Employees Retirement System (FERS)?

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State Fiscal Problems Threaten Higher Taxes On Federal Pensions

Filed in News by on April 17, 2016 Comments

Federal retirees depend on their federal civil service annuity for much of their retirement income, but states facing financial problems may be looking to public sector pensions as a source of new revenue.

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What’s the Real Value of a TSP and FERS Annuity?

Filed in News by on April 13, 2016 Comments

The majority of federal employees will not retire with a million dollars or more in their Thrift Savings Plan. However, the author notes that the potential exists for federal workers to generate retirement income equivalent to that of having a TSP portfolio of over $1 million using other benefits available to them.

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The Biggest Federal Employee Retirement Mistake

Filed in News by on April 6, 2016 Comments

The author describes what he believes to be the single biggest mistake he sees federal employees make when it comes to planning for retirement. But the good news is that with a little planning, it can be corrected.

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OPM Gets Some Reprieve from Influx of New Retirement Applications

Filed in News by on April 5, 2016 Comments

After a massive influx of new retirement applications in January and February, OPM finally got a break in March and was able to make some headway on reducing the retirement claims backlog.

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