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. Most FERS retirees begin receiving the SRS at their Minimum Retirement Age.
Federal retirees are used to getting an annual pay increase based on inflation. But, for the first time since the current system was put into place in 1975, the annual COLA adjustment is unlikely to appear in your paycheck next January. Here’s why.
What will you do when you retire? Many people travel to places they have always wanted to visit. Author Steve Oppermann is one of these retirees. He travels around the world, when not conducting human resources seminars for federal agencies.
A number of federal retirees under the CSRS system have asked: “Where is my money under the stimulus bill? My friends who are under Social Security have already received their check.” Here is your answer.
The last thing you want to have happen is spending all day on your KSA responses, only to find you submitted them in the wrong format and that they didn’t even get reviewed. Here are suggestion to improve your prospects of obtaining the job you want.
The bill that would provide credit for unused sick leave for federal employees under the FERS retirement plan and change the pay system for federal employees outside of the continental United States has been passed by the House.
Where will you live when you retire? As a federal retiree, you will have an assured source of income. You may find that living outside of the United States offers advantages and a lifestyle unavailable to you here.