Q&A
Our Q&A section features questions that the FedSmith.com authors answer that our readers send to them. We share them here to help you with your federal career as well as planning for your retirement. We encourage you to send your questions to the authors for use in future posts.
Is Common Sense All You Need to Plan Your Retirement?
I’ve read about what to do with my TSP after retirement, but I believe all we can do is use common sense and hope that our money will grow and last.
Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?
I’m confused about my 35 years of CSRS Offset and Social Security pensions. Can I estimate how much will I get in monthly pensions from both?
Can LEO Employees Extend Their Service Outside of Law Enforcement to Become Eligible for the 1.1% Annuity Computation?
Can a law enforcement employee extend working years in a non-law enforcement capacity to become eligible for the 1.1% FERS annuity calculation?
What Impact Does Sick Leave Have on the FERS Annuity Computation?
Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?
Shrinking Supplemental Annuity Payments: Response from OPM
Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?
I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?
Who Invented Government Shutdowns?
When and why did government shutdowns first occur? The reason is a 1980 memo from the attorney general under President Jimmy Carter who concluded a law passed in 1870 required a shutdown.
Does My Locality Pay Rate Include the Basic Percentage Increase?
Does the locality pay raise percentage cited for 2018 include the basic pay raise of 1.4%?
How Are Locality Pay Rates Computed?
How are the locality pay calculations done? The increase in my 2018 salary with locality pay factored in seems to be lower than what I was expecting.
Why Are Current Federal Employees Not Getting the Same Raise as Federal Retirees?
Federal retirees will get a higher pay raise next year than what is proposed for current federal employees. I feel this is unfair; why is this the case?
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