Promotion While On Pay Retention
OPM.gov gives examples of GS promotions while on retained pay using the 2 step rule. But how do you calculate a GS promotion step if your retained pay is already well above the amount computed using the 2 step rule?
Q&A
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
Was My Personal Information Hacked… Or Not?
I recall reading that federal employees would be notified by June 30 whether or not their personal data had been compromised in the OPM data breaches, and if they received no notice, they could assume they were not compromised. Can you help me locate where I read this and how to determine the status of my personal information?
What Happens to My Retirement Contributions if I Die Soon After I Retire?
If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the remainder without paying additional taxes on it, since it has already been taxed?
How Do I Know If My Retirement Savings Are Invested Correctly?
I’m a retired fed that’s scared of losing my retirement money. How do I know if I am invested correctly?
Do FLSA Exempt Employees Get Overtime?
You indicated that an employee cannot receive comp time for the additional hours worked when on TDY unless it is scheduled 30 days in advance in which case the only compensation that can be received is overtime pay. If the employee is exempt, why can he receive overtime pay at all?
Will I Be Forced Into Medicare?
I retired four years ago and want to keep my current health plan. Will I be forced into Medicare or can I just keep my current plan?
Losing Money in the TSP Wasn’t My Fault
I applied for a full TSP withdrawal after retiring, but the TSP said I couldn’t do it because I was still employed due to a coding error by my agency. The stock market went down and my TSP balance declined while the problem was being resolved, so who takes the loss in funds due to this personnel error?
Can the Government Require an Employee to Carry a GPS Locator?
Can the government make an employee carry a GPS locator to keep track of his location?
Holiday Pay Following a Day Off
I am a midnight shift employee. If I am off on Sunday night but work the night of the holiday (in this case Monday), do I get holiday pay being that I worked a part of the holiday?
How is the High-3 Calculated with Part Time Employment?
I plan to retire next year under FERS after 30 years of service. I would like to go part time my last several years. How will OPM calculate my high-3 in this case?
