Say Good-Bye to the FERS Annuity Supplement
The FERS annuity supplement is probably going to end. How will it impact your retirement plans?
The FERS annuity supplement is probably going to end. How will it impact your retirement plans?
The author suggests a solution for improved calculation of the FERS annuity supplement in an open letter to nominee for OPM director Katherine Archuleta.
Back pay for federal employees must be calculated in accordance with the requirements of the Back Pay Act. The author offers some details about how this process works.
Will the furloughs have an impact on your federal retirement annuity?
How long can one expect to live? It can vary according to the Social Security calculator.
In a follow up to a previous article, the author offers detail on what happens in a situation in which an EEO complaint is filed regarding a promotion in which multiple people are contending for the position. What happens if one of the people passed over for the promotion files a complaint and wins – do the others who didn’t get the promotion get notified of the award?
The author says that it is a false notion to assume that there is a “best qualified” person for a job, but rather, there is likely a list of equally well qualified individuals for a job and that “best qualified” is a matter subject to opinion. How then, does a person manage to win an EEO complaint regarding non-selection?
A bill known as the “EASY Savings Act,” would provide an incentives of 1% of the agency’s cost savings, up to $10,000, to employees who report ways to save money. However, the law already exists.
The author compares the historical pay increases of current federal employees to retirees on Social Security to see which group comes out ahead.
What is the overall impact of the pay freeze on employees retiring in the near future? The author runs some hypothetical numbers to illustrate.