According to recent statistics, many federal employees that can retire are not doing so. The author asks why this is the case and provides some reasons why he thinks this is happening.
The Defending Public Safety Employees Retirement Act has been signed into law. What does this mean for federal employees and their Thrift Savings Plan investments?
The Special Retirement Supplement (SRS) is a payment that is made by OPM and is designed to approximate the amount of an age 62 Social Security benefit that is due to civilian service under the FERS retirement system. How doest this apply to Special Category Employees?
How much will federal retirees and Social Security recipients receive with a new COLA calculation that will go into effect in January? As of today, there would not be any increase.
Managers have an important role in developing their employees, and this includes helping their employees become better prepared for retirement. The author lists some steps federal managers can take to help their employees with this important task.
Legislation being introduced by Senators James Lankford (R-OK) and Heidi Heitkamp (D-ND) would make it a felony to embezzle federal employees’ retirement funds.
Many government officials and media types were predicting a virtual avalanche of federal retirement submissions that will lead a massive void that cannot be filled by younger workers. The author says that while he does predict a rise in the rate of federal employee retirements, he does not see the doomsday scenario others are predicting and explains the logic behind his reasoning.