If you are a federal employee planning to retire soon and were hoping for a quick turn around on your retirement application, you may be in for some bad news: the outstanding backlog of retirement applications at the Office of Personnel Management grew by just over 13% in July.
Many federal employees consider leaving their positions for various reasons. The author provides a summary of what you can expect to happen to your benefits should you leave your job before retiring.
Are you on the cusp of retirement? These are some tips to keep in mind as you plan this next phase of your life.
Will federal retirees receive a COLA in 2016? While inflation data is creeping up, it may not be enough to result in a COLA increase.
The author says politicians in Washington are using federal employees as political pawns which is likely to push talented people out of the federal workforce. He outlines some of the arguments coming from Washington against the federal workforce and dispels them with evidence of his own.
The G fund has never had a losing year. The rate of return on the G fund has been dropping as inflation has gone down and consideration is being given to reducing the G fund interest rate even more. Could this actually be a good thing for TSP investors?
Are you a CSRS offset retiree? If you are in this group of federal employees, a letter coming from the Defense Finance and Accounting Service (DFAS) may interest you as you may be in for at least a small, unexpected financial gain.