How much of an increase will federal retirees receive next year? At 5.8%, it will be the highest increase in about 25 years. Here is a summary of which groups will get the full increase and who will not receive the full benefit of next year’s COLA.
Some readers say they are contemplating leaving federal service before they retire. It could be for a better job, boredom, the boss from Hell or a myriad of other reasons. What happens to your benefits when you leave?
Where will you choose to live after retirement and why will you live there? Perhaps you would like to relive some of your college experiences. Here are a few considerations and suggestions.
Inflation is alive and well in the United States. So far, the projected COLA increase for 2009 is 6.2% with another two months to go into the calculation.
The House recently passed a bill change the TSP investment philosophy and the annuity calculations for those under FERS. Is it now in effect? What do these changes for the federal workforce have to do with the tobacco industry?
Like many people, this federal retiree left government service with high hopes and plans for the future. Some worked out well but the reality of health and financial issues brought home to this author how life can change after retirement. He offers advice on how to live and which decisions may be the most important ones after leaving government service.
FERS employees and CSRS employees get the same sick leave benefit–until the computation of a retirement annuity. A bill passed by the House on July 30 would change the current system.