Tag: Retirement

New Survey Shows The Top 3 Reasons Many Feds Are Not Retiring: How Would You Have Responded?

Filed in News by on June 30, 2015 Comments

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.

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Bill Exempting Some Feds From TSP Withdrawal Penalty Becomes Law

Filed in News by on June 29, 2015 Comments

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?

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The FERS Special Retirement Supplement and Special Category Employees

Filed in News by on June 29, 2015 Comments

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?

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Will Federal Retirees Get a COLA Increase in 2016?

Filed in News by on June 18, 2015 Comments

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.

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What Managers Can Do to Help Their Employees Prepare for Retirement

Filed in News by on June 18, 2015 Comments

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.

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CBO: Social Security Needs a 4.4% Payroll Tax Increase

Filed in News by on June 16, 2015 Comments

The Congressional Budget Office has released its long term budget report which includes a picture into the prospects of Social Security. If you are planning to retire soon, pay attention.

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Bill Aims to Crack Down on Embezzlement of Federal Retirement Funds

Filed in News by on June 15, 2015 Comments

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.

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Federal ‘Boomers’ Fear Insufficient Retirement Income… Are They Wrong?

Filed in News by on June 15, 2015 Comments

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.

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