Is It Best to Retire on the Last Day of the Month?

I have a friend who says it is best to retire on the last day of the month because you will get paid for the month worked plus you will get an annunity check for that same month. Is this true?

FedSmith.com author John GrobeBy Categories Federal Employee Retirement, Q&A Leave a comment

Q: I have a postmaster friend who says it is best to retire on the last day of the month because you will get paid for the month worked plus you will get an annunity check for that same month. Is this true?

A: Unfortunately there is no truth to what you were told. Sure would be nice.

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About the Author

John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.

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