When Does an Employee Have to Retire to Receive the 2017 COLA?
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what the TSP rate is offering (which is of course much lower).
What is the correct pay when there is an unscheduled shift change for a General Schedule employee?
If a holiday falls on a Monday and that’s my day off, does the holiday move to Tuesday or does my day off move to Tuesday?
I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?
Have the low interest rates we have been having for the last several years affected the amount of money a person would be entitled to if he chose the TSP annuity option?
These are some questions and answers that cover basic facts about FEGLI as well as considerations for federal employees who may be wondering what actions they should take during the upcoming open season.
I am at most four years away from retirement and am worried about another stock market decline along the lines of 2008 in light of events such as Brexit and the upcoming elections. Should I stick with a more moderate/aggressive investment approach in my TSP or move into something less risky?
My supervisor has deemed that GS-09 and GS-11 positions are not eligible for overtime pay and has been providing only comp time for overtime worked. We believe this is incorrect. Do you have any information that will tell us when it’s proper to receive comp time and when overtime pay should be paid?
Who is and who is not entitled to receive locality pay?